CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Record close on Wall Street as tech stocks soar

Published: 07 Jan 2017 - 09:45 am | Last Updated: 15 Nov 2021 - 10:55 pm
Peninsula

AA

NEW YORK: Tech gains led to a record close on Wall Street on the last trading day of the week. 
The Dow rose 64 points to finish the day at 19,963. The S&P added seven points to 2,276. 
And the Nasdaq increased 33 points to end the day at 5,521, completing new records for all three indexes. 
The Dow added 1 percent for the week, while the S&P rose 1.7 percent and the Nasdaq gained 2.6 percent. 
E-commerce giants Amazon and Ebay saw their shares increase 2 percent and 3.5 percent, respectively. 
Facebook was up 2.3 percent.