S&P 500, Dow hit record highs on 1st trading day of 2022


The Dow Jones Industrial Average rose 246.76 points, or 0.68%, to 36,585.06; the S&P 500 gained 30.38 points, or 0.64%, at 4,796.56; and the Nasdaq Composite added 187.83 points, or 1.2%, at 15,832.80.

NEW YORK: The S&P 500 and Dow Jones Industrial Average posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc and bank shares.

Apple Inc became the first company to hit a $3 trillion market capitalization but ended the day slightly below that. Its shares ended up 2.5% at $182.01 after rising as high as $182.88 during the session.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

US , stocks , Dow , Nasdaq , S&P , oil , virus , variant , Omicron

   

Next In Business News

Shell says it remains committed to mobility business in Malaysia
Federal Court rules in SC’s favour, Ricky Wong’s leave application dismissed
Regional expansion to bode well for CTOS
Miti: Semiconductor industry offers Malaysia chance for exponential growth
Ringgit slightly higher at the close
Awantec to strengthen its synergistic offerings to drive growth
Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion
Sapura Energy gets US$1.8bil worth of PLSV-related contracts
OCK enters tower leasing agreement, marks debut into Laos
AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme

Others Also Read