Wall Street is up – vaccine manufacturers in demand

Wall Street

Financial stocks were in demand on Friday.

(Photo: AP)

new York With a tailwind from company balance sheets, the US stock exchanges rose at the end of the week. The Dow Jones index of standard values ​​closed 2.5 percent higher on Friday at 31,082 points. The Dow rose above 31,000 points for the first time in four weeks. For the week he posted a plus of 4.9 percent – also thanks to the significant gains on Monday and Tuesday.

The tech-heavy Nasdaq advanced 2.3 percent to 10,859 points. The broad S&P 500 gained 2.4 percent to 3752 points. The third-quarter earnings season has been better-than-expected so far, prompting analysts to raise earnings expectations for S&P 500 companies to 3.1% from 2.8% previously.

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