The U.S. Dow Jones index soared to 16,029 in early trading on November 18, breaching the 16,000 level for the first time.
The S&P 500, meanwhile, overcame an important 1,800 level. The Nasdaq touched 3,994 points, the highest level since the early 2000s, at the opening.
The Wall Street Journal indicates that indicators are growing amid stable economic recovery and stimulus measures adopted by the Federal Reserve. Investors expect the regulator to stick to the easing policy if headed by Janet Yellen, appointed to the post by Barack Obama.
The Dow Jones climbed over 15,000 level this May. The S&P 500 broke the 1,700 level this August.
The European indices advanced less than 1% by the closing bell on November 18. Thus, British FTSE 100 added 0.32%, Germany’s Dax – 0.54%, France CAC 40 – 0.6%.
Elsewhere on the MICEX, the indices closed on a rally. The MICEX and RTS grew 1.1% and 1.3% correspondingly on November 18. Moreover, Brent futures rose from $107.6 to $108.6 per barrel on the MICEX.
FX.co ★ Dow Jones breaks above 16,000 level for the first time
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