Stocks close at historic highs, Nasdaq finishes above 9,000 points for the first time

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Nasdaq Composite logged its tenth record in a row and finished above 9,000 points for the first time ever. It's the index's longest winning streak since July 2013.

Its the index's longest winning streak since July 2013. The Nasdaq has gained some 36% in 2019, putting it on track to make 2019 its best year since 2013.Amazon was the most traded stock. Shares of the online retailer rose more than 4% after the company said it had its best holiday season on record.Stocks rose across the board as investors were coming back from the Christmas holiday when markets were closed. The Dow closed up 0.4%, or 106 points, and the S&P 500 ended up 0.5%.

Despite the records, it is a quiet day on Wall Street, and European exchanges are closed for Boxing Day. Over the holiday period, trading volume and activity slows down, which can exaggerate stock market moves.Read MoreIn the commodities space, US oil prices climbed to a three-month high. Prices rose to as much as $61.83 per barrel -- a level not seen since September. They settled 0.9% higher at $61.68 a barrel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Another sign that Trump is doing the job he was elected to do.

Thank you President Trump!

We get it. Good Vs Evil. Remember your Ten Commandments

Hi! 'CNN!' Only 'Eye's Wide Worry!' We See Is The 'Sleeper!' Which Is 'ClimateChange!' A 'Variable!' EveryBody Want's Not To See! Caution Call! 'AmigoDon!'

Sorry still no recession.

I’m sure all those average, blue collar worker trump supporters are really seeing their portfolios soar 🙄🙄🙄

The best economy in decades!!😂😂😂

World's biggest Ponzi.

The U.S. government's public debt is now more than $22 trillion the highest debt ever. The Treasury Department data comes as tax revenue has fallen and federal spending continues to rise. The debt level reflects a rise of more than $2 trillion from the day Trump took office.

MAGA

Yeah baby!!!

But why do Americans feel so poor?

Thank you president Trump!!!

Trump will stomp all over contenders. They can’t do anything to hurt him on the economy. He will win re-election. Get the Kleenex out. Liberals will have another crying spell.

Before we get too excited about this, we're still running trillion dollar annual deficits and total personal consumer debt is above 2008 levels.

It's a bubble and huge recession is on the way and working families are not only going to be bailing out the farmers who sold out their country but the banks again too

Tell the truth

Thank you president Trump. It’s been on a roll since the night he won Trumpbump

Like... It's good and all, but how exactly does this affect people? It's not like groceries, electricity, water or gas suddenly drop in prices... I mean, DAX is great, NASDAQ is great, but it doesn't feel any different from last year or the years before haha

Since July 2013. Thanks Obama for the great 3 years getting the economy back on track after GW left office & b4 Trump took office.

Thank you federal reserve for creating the biggest bubble in history and no way out it

Thanks, Obama!

GodBlessPresidentTrump Trump2020LandslideVictory 4MoreYears MAGA

That's all that repo,money our govt is flooding the market with. Let's see how this works moving forward. Every business cries about raising the minimum wage to 15.00 he and healthcare etc yet this great market hasn't improved the working Americans lives. Who's kidding who?

All the great minds at CNN can just suck on this.

This doesn't mean anything considering 70% of the population doesn't have money in the stock market

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines