Noam Galai is a photographer.
The S&P 500 and the Dow Jones Industrial Average are poised to mark new highs, as positive year-end momentum continued into the second-to-last trading session of the year.
The S&P 500 could set a new record close, while the Dow could extend its winning streak to seven days. There is a chance the indexes will reach new highs on Friday.
The stock market will be open on New Year's Eve. The bond market will close early. The time is later.
The US indexes stood at 9:30 a.m. The hours are open on Thursday.
The markets got a boost early Thursday after the Labor Department reported that the unemployment rate fell to 198,000. The four-week moving average was the lowest since 1969.
Despite the spike in coronaviruses infections, the improvement comes despite it. The seven-day rolling average of new cases has increased by more than 50% from the previous week.
Ray Dalio, a billionaire investor, wants to buy and mint NFTs to experience the process.
The price of West Texas Intermediate crude rose.
The price of gold was $1,801.70 per ounce. The yield on the 10-year bond rose.
It dipped 0.4% to $47,292.
Business Insider has an original article.
