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NY shares renew record closing highs www3.nhk.or.jp
Key US stock indexes renewed their record closing highs on Friday due to hopes for the year-end shopping season.
The Dow Jones Industrial Average closed at 19,152, marking a new record for the 4th straight trading day. That's up 68 points, or 0.36 percent, from the last trading session on Wednesday. Markets were shut on Thursday for the Thanksgiving holiday.
The tech-heavy Nasdaq Composite also rose 18 points, or 0.34 percent, to finish at a record 5,398.
Investors placed buy orders as major department stores and other retailers logged brisk sales on Thursday, when the year-end shopping season began in full swing.
Market players say expectations for President-elect Donald Trump are another factor behind increasingly solid personal consumption in the US.
Published Date:2016-11-26
