Dow, S&P 500 close at all-time highs
Delancey Strategies president Jared Levy provides insight on the U.S. markets.
U.S. stocks closed in record territory on Wednesday despite lingering worries about the coronavirus’ omicron variant.
STOCK FUTURES FLAT AMID OMICRON CONCERNS
The Dow Jones Industrial Average climbed 90.42 points, or 0.25%, setting a new record. The S&P 500 rose 0.14%, setting its own record, while the Nasdaq Composite ended down 0.10%. It marked the first record close for the Dow since Nov. 8.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 36488.63 | +90.42 | +0.25% |
| SP500 | S&P 500 | 4793.06 | +6.71 | +0.14% |
| I:COMP | NASDAQ COMPOSITE INDEX | 15766.216275 | -15.51 | -0.10% |
Meanwhile, oil climbed 0.76% to $76.56 per barrel, its highest level since Nov. 24. The 10-year Treasury yield also jumped 6.2 basis points to 1.542%, finishing at a five-week high.
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On the economic data front, pending home sales fell
