With a new record in 2022 Dow Jones and S&P 500

With the right, Wall Street indexes entered 2022, with the industrial Dow Jones and the wider S&P 500 closing at new historical highs despite the hesitant start and the technological Nasdaq gaining 1.2% with a boost from the rally of technology giants such as Apple and Tesla.

Apple Inc. today became the first company in the world whose market capitalization exceeded 3 trillion. USD

In particular, the company’s share climbed earlier to $ 182.88, setting a new record in the first meeting of 2022 and leading the company above the level of 3 trillion. USD

Apple Corp. closed with $ 2.5% at $ 182.01.

At the same time, Tesla’s title recorded an impressive jump of 13.5% after the company announced that it delivered more than 308,000 vehicles in the fourth quarter, easily exceeding analysts’ estimates. Deliveries jumped about 87% in 2021.

Indicators – Statistics

On the board, the Dow Jones industrial average strengthened by 246.76 points or 0.68% to 36,585.06 points, while the broader S&P 500 added 30.38 points or 0.64% to 4,796.56 points. The technology Nasdaq gained 187.83 points or 1.20% to 15,832.80 points.

Of the 30 stocks that make up the Dow Jones industrial average, 22 closed with a positive sign and eight with a negative. The biggest gains were made by Goldman Sachs Group with gains of $ 12.78 or 3.34% at $ 395.33, followed by Intel with $ 53.21 with gains of 3.32% and Boeing with $ 207.86 with an increase of 3.25%.

The three stocks with the biggest losses are Home Depot (-1.53%), Nike (-1.20%) and Honeywell International (-0.82%).

US stocks fell in the last session of 2021 on Friday, with the Dow Jones losing 59.78 points or 0.2%, the S&P 500 falling 12.55 points or 0.3% and the tech Nasdaq slips by 96.59 points or 0.6%.

However, Wall Street ended 2021 with strong gains as the US economy recovered strongly from the recession of 2020. In particular, the S&P 500 jumped by 26.9% last year, while the Nasdaq strengthened by 21.4% and Dow Jones by 18.7%.

The US market is entering the new year in the shadow of the highly contagious omicron mutation of the coronavirus that has led to cases breaking one record after another. A total of 10 million people, a record number since the beginning of the pandemic, were diagnosed with coronavirus in the previous seven days until Sunday. This is almost twice the size of the previous weekly high, according to Bloomberg.

The rapid spread of the coronavirus will test the resilience of the economy at a time when the Federal Reserve is preparing to tighten its policy this year to tackle the inflation rally. Analysts do not rule out the possibility that the US Federal Reserve will make three more rate hikes this year.