US stocks booked a milestone and record closing high on Thursday, logging a remarkable closing, contemplating the political turmoil that had plagued the world a day earlier but in derailing the updraft for the stock market have failed. Dow jones industrial average [: DJIA] S&P 500 index SPX to close 0.7% to end at milestones above 31,000
The Nasdaq Composite Index comp ended at a level above 3,800 to close 1.5% at 3,800.
After Georgia’s runoff Senate elections on Wednesday, a weak showing for the index ended up above 13,000, driven by the rein for hunger in the name of technology. The Nasdaq Composite gained 2.6% to close at 13,067. Investors largely saw last Wednesday’s violent clash between Trump protesters and better-than-expected non-manufacturing reports with the Institute for Supply Management Services Index staging an unexpected rebound in their index between 55.9 and 55.2 in December. Focused on At the top, weekly jobless claims were nearly stagnant last week, slipping from the first week’s revised 790,000 to 787,000. In corporate news, Tesla Inc. TSLA,
Pushing AMZN of Amazon.com ended at a record high helping CEO Elon Musk make the world’s richest man.
Jeff Bezos looks closely at investors’ Friday jobs report for clues on the health of the economy amid the COVID-19 epidemic.