Dow tops 36,000 in afternoon trade, stocks touch session highs in final trading day before Christmas
MarketWatch
12/23/2021
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Video: Dow closes down 300 points, S&P and Nasdaq close lower, as well (CNBC)
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Oil prices will get corrected 'towards the end of the year,' Egypt’s petroleum minister says Tarek el Molla, Egypt's petroleum minister, says oil prices will get corrected “towards the end of the year."
The Dow Jones Industrial Average topped the 36,000 mark in afternoon trade Thursday, as stocks rallied to session highs in the final session of trade before Christmas. The Dow was up 260 points, or 0.7%, at 36,015, while the S&P 500 index was up 36 points, or 0.8%, near 4,733, which was above its prior closing record of 4,712.02 set on Dec. 10. The Nasdaq Composite Index rose 148 points, or 1%, to 15,670. Equities got a boost from the approval of additional therapies to treat COVID-19 in high-risk adults and as concerns waned about the potential for the omicron variant to cause strict lockdowns to be imposed in the U.S.
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