Title: S&P, NASDAQ rise to record closes

Jun 29, 2021 07:41PM ET

By: AnalysisWatch

The S&P 500 and the Nasdaq each registered file remaining highs on Tuesday, lifted via way of means of Apple Inc. (NASDAQ: AAPL) and different era shares after an upbeat patron self-belief report.

The S&P 500, helped via way of means of a soar in Morgan Stanley (NYSE: MS) stocks on the information of a dividend increase, hit a file excessive for the fourth direct consultation. The S&P and the Dow closed little modified after a consultation marked via way of means of lighter than common volume because the marketplace awaits extra-financial data.

All 3 main Wall Street indexes are set for his or her 5th direct region of gains boosted via way of means of ultra-free economic policy, a rebounding U.S. economy, and sturdy company profits.

With the S&P 500 mountain climbing almost 14% in the first 1/2 of the year, investor attention is predicted to shift to the second-region profits season, starting in July, which can determine the course for the subsequent leg of the fairness markets.

The Dow Jones Industrial Average rose 9.02 points, or 0.03%, to 34,292.29. The S&P 500 won 1.19 Volumes on U.S. exchanges become 9.60 billion stocks, in comparison with the 11.1 billion averages for the total consultation during the last 20 buying and selling days.

Declining problems outnumbered advancing ones at the NYSE via way of means of a 1.18-to-1 ratio; on NASDAQ, a 1.51-to-1 ratio desired decliners.

The S&P 500 published 38 new 52-week highs and no new lows; the Nasdaq Composite recorded ninety-three new highs and 38 new lows points, or 0.03%, to 4,291.8 and the Nasdaq Composite delivered 27.83 points, or 0.19%, to 14,528.34.