A wobbly day of trading on Wall Street ended with most stock indexes managing slight gains, enough for the S&P 500 and Dow to score all-time highs.
The benchmark S&P 500 index, which also set record highs Monday and last Thursday, has now posted 70 record highs for the year. In the post-World War II era, that’s the most new highs for the index since the 77 it set in 1954. The Dow last set a record high in early November. “As we finish out this quarter, earnings expectations by analysts have been ticking slightly higher for 2021,” he said. “That’s part and parcel of what’s driven so many all-time highs. Things were much better than anticipated as we moved through the whole year.”As the variant spreads, businesses across California are rethinking return-to-office timelines and scrambling to cope with lost productivity.
“What the market is still trying to sort out is what is the impact of the rise in Omicron cases here in the U.S.,” Haworth said.Calls are rising for airlines to require vaccination proof for domestic passengers. Airlines aren’t happy about the idea.
How can you have the words “meander” and “record highs” in the same sentence?
OMG!! I'm soooo pleased for all those billionaires...brings a tear to my eye.
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