The New York stock market on the 29th received a buy order in response to strong corporate performance, and the Dow Jones Industrial Average hit a new high for the first time in three business days.
The closing price of the Dow Jones Industrial Average on the New York stock market on the 29th reached a record high of 35,819.56 cents, which is 89.08 cents higher than the previous day, for the first time in three business days.
On this day, the performance of a major energy company whose financial results were announced exceeded market expectations against the backdrop of high crude oil prices, so buy orders were placed and the stock price was pushed up.
In addition, the Nasdaq stock index, which has many IT-related stocks, also rose, hitting a new high for the second consecutive business day.
Market officials said, "Many investors have placed buy orders in anticipation of the economic outlook in response to strong corporate performance. Concerns over inflation have led to the ongoing upward trend in long-term interest rates in the United States. It was also a relief that the brakes were put on for the time being. "