Home / Market Update / Global Stock Market / Nasdaq Registers New Record High

Nasdaq Registers New Record High

Wall Street closed higher on Thursday with the Nasdaq closing at a new all-time high, supported by a decline in the US jobless claims last week and anticipating a new stimulus package to be approved by Congress.

The Dow Jones Industrial Average gained 185.5 points, or 0.68%, and settled at 27,387.

S&P 500 increased by 21.4 points, or 0.64%, and closed at 3,349.16.

Meanwhile, the Nasdaq Composite made its first-ever close above the 11,000-point mark, after surging by 1% or 110 points and closing at 11,108.07 points.

Check Also

Yen Awaits Crucial Central Bank Week as Markets Brace for BoJ and Fed Decisions

The Japanese yen remained under pressure on Friday, with the US dollar trading near 160.20 …