The Dow Jones Industrial Average on the New York stock market rose on the 16th, hitting a new high.
The closing price of the Dow Jones Industrial Average on the 16th, which was a deal after the holidays, was $ 31,522.75, up $ 64.35 from last weekend because the day before was a holiday.
Last weekend's closing price was the highest ever, so we hit the highest for two days in a row.
The impeachment trial over former President Donald Trump ended last weekend, raising expectations in the market that new economic measures would come early, leading to buy orders.
In the financial markets, long-term interest rates have risen, leading to higher prices for financial stocks as profits can be expected, and WTI futures prices have risen to the $ 60 level per barrel for the first time since January last year (2020) in the crude oil market. We also received buy orders for energy-related products.
On the other hand, Nasdaq, which has many IT-related stocks, hit the highest price during the trading time, but eventually fell.
Market officials said, "Although we are also boosting expectations for the spread of the new coronavirus vaccine, it seems that funds are looking for investment destinations as the accommodative financial environment continues."