Dow Jones Industrial Average hits record high, closes at 35,864.85 points

From Google: 2024-08-29 16:05:00

The Dow Jones Industrial Average reached a new record high, closing at 35,864.85 points, up 0.9%. This marks the first time the index has surpassed the 35,000 milestone. The S&P 500 also saw gains, rising 0.8% to 4,468. It was a positive day for tech stocks, with Microsoft, Meta Platforms, and Alphabet all posting gains. However, rising concerns about inflation and interest rates continue to weigh on the market. Trading volume was lower than average due to the Labor Day holiday. The markets will be closely watched in the coming weeks for signs of volatility.



Read more at Google: Stock Market News: Dow Notches a Record – Barron’s