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US Industrial Production Surges In July, Back To Pre-COVID-Lockdown Level

Dow ends above 35,000 for first time as US stocks hit records

Published July 24, 2021, 1:49 PM NEW YORK  (AFP) – US stocks rocketed to fresh records  Friday, with the Dow finishing above 35,000 for the first time, in anticipation  of more blowout earnings next week after this week’s positive round of results. All three major indices finished the week at records, with the Dow Jones  Industrial Average surging 0.7 percent to close at 35,061.55. The broad-based S&P 500 jumped 1.0 percent to end at 4,411.79, while the  tech-rich Nasdaq Composite Index also rose 1.0 percent to 14,836.99. The records marked a sharp reversal from the sentiment at the start of the  week, when the Dow suffered its worst session of 2021 amid worries over rising  infections of the Delta variant of the coronavirus.

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