S&P 500 ends at record ahead of Christmas holiday

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U.S. stocks ended higher Thursday in the final trading session ahead of the Christmas holiday, with the S&P 500 closing at a record as investors appeared more confident the economy won’t be derailed by the omicron variant of the coronavirus that causes COVID-19. The S&P 500 rose around 29 points, or 0.6%, to finish near 4,726, according to preliminary figures, exceeding its previous record finish of 4,712.02 set on Dec. 10. The Dow Jones Industrial Average advanced around 197 points, or 0.5%, to end near 35,951, while the Nasdaq Composite gained around 131 points, or 0.8%, to close near 15,653. The S&P 500 logged a 2.3% weekly rise, while the Dow rose 1.7% and the Nasdaq rallied 3.2%.

-William Watts

 

(END) Dow Jones Newswires

12-23-21 1604ET

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