Salem Radio Network News Saturday, November 27, 2021


How major US stock indexes fared Monday

Stocks notched some modest gains on Wall Street Monday, enough to mark more record highs for major U.S. indexes.

The S&P 500 edged up for its eighth straight gain, matching its longest winning streak since April 2019, however most of the gains during that stretch have been modest. Stocks of construction-related companies made some of the strongest gains after Congress passed a $1 trillion infrastructure bill on Friday.

Stocks have been climbing broadly over the last month as companies have reported stronger-than-expected profits.

On Monday:

The S&P 500 rose 4.17 points, or 0.1%, to 4,701.70.

The Dow Jones Industrial Average rose 104.27 points, or 0.3%, to 36,432.22.

The Nasdaq rose 10.77 points, 0.1%, to 15,982.36.

The Russell 2000 index of smaller companies rose 5.66 points, or 0.2%, to 2,442.74.

For the year:

The S&P 500 is up 945.63 points, or 25.2%.

The Dow is up 5,825.74 points, or 19%.

The Nasdaq is up 3,094.08 points, or 24%.

The Russell 2000 is up 467.89 points, or 23.7%.


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Steve Breen
Sat, Nov 20, 2021