The main indices of the New York Stock Exchange (NYSE) finished higher on Friday, with the Dow and the S&P 500 hitting an all-time closing high amid signs of economic recovery from the negative impacts of the Coronavirus pandemic.<\/p>\n\n\n\n
Despite a larger than expected rise in producers prices last month, markets are seemingly growing more confident about the Federal Reserve\u2019s choice not to rush any interest hikes.<\/p>\n\n\n\n
The Dow Jones Industrial Average gained 297.03 points, or 0.89%, to settle at 33,800.6 points.<\/p>\n\n\n\n
The S&P 500 added 31.63 points, or 0.77%, and ended the week at a record 4,128.8 points.<\/p>\n\n\n\n
Similarly, the Nasdaq Composite increased by 70.88 points, or 0.51%, to finish at 13,900.19 points.<\/p>\n\n\n\n
The main indices recorded their third consecutive weekly gains, as S&P 500 rose by 2.7%, while the Dow and Nasdaq leveled up by 2% and 3.1%, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
The main indices of the New York Stock Exchange (NYSE) finished higher on Friday, with the Dow and the S&P 500 hitting an all-time closing high amid signs of economic recovery from the negative impacts of the Coronavirus pandemic. Despite a larger than expected rise in producers prices last month, markets are seemingly growing more …<\/p>\n","protected":false},"author":10,"featured_media":32438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6900],"class_list":["post-44199","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-nyse"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=44199"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44199\/revisions"}],"predecessor-version":[{"id":44200,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44199\/revisions\/44200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32438"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=44199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=44199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=44199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}