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VOL. 45 | NO. 53 | Friday, December 31, 2021
More record highs for S&P 500, Dow on first day of 2022
The Associated Press
Wall Street got 2022 off to a solid start with more record highs for the S&P 500 and the Dow Jones Industrial Average.
The S&P 500 rose 0.6%, a day after closing out 2021 with big gains for the third year in a row.
The Dow rose 0.7% and the Nasdaq rose 1.2%. Apple rose 2.5%, closing just below a market capitalization of $3 trillion.
Technology companies and banks were among the biggest winners.
Electric car maker Tesla rose sharply after reporting strong delivery numbers for 2021.
The yield on the 10-year Treasury note rose to 1.64%