11/5/2021, 9:00 PM (Source: TeleTrader)
more TeleTrader news

Wall Street again hits records at the close

Stock markets in the United States closed higher on Friday, with the Dow Jones Industrial Average index, the Nasdaq 100, and S&P 500 all setting new closing record highs ahead of the expected House of Representatives vote on the bipartisan infrastructure bill and procedural vote on the social spending plan designed by the Democrats. Positive market sentiment was seemingly sparked by the October jobs report that surpassed expectations and earned praise from President Joe Biden and his administration, as well as Pfizer's announcement of the high efficacy of its COVID treatment.

The Dow Jones Industrial Average index was up 0.56%, or over 200 points, at the close with Boeing, its best performer, rising 5.37%. The Nasdaq 100 grew 0.08% at the end of the trading session as Booking Holdings jumped 7.47%. The S&P 500 closed with a 0.37% gain. Expedia Group pulled the index up, advancing 15.63%.

The euro was 0.12% higher compared to the dollar to change hands for 1.15677 at 3:59 pm ET.

Baha Breaking the News (BBN) / MS