S&P 500 Index opens in the positive territory, Nasdaq hits new record hgh


  • Wall Street's main indexes opened higher after Thanksgiving break.
  • Nasdaq Composite hit a fresh record high after the opening bell.
  • S&P 500 Technology Index is up 0.7% in the early trade.

Major equity indexes in the US started the last day of the week in the positive territory. As of writing, the S&P 500 Index was up 0.38% at 3,643, the Dow Jones Industrial Average was gaining 0.45% at 30,007 and the Nasdaq Composite was trading at a fresh record high of 12,240, advancing 0.7%. 

In the absence of significant macroeconomic data releases and fundamental drivers, risk flows continue to dominate financial markets.

Reflecting the upbeat market mood, the defensive Real Estate Index and the Utilities Index decline by 0.72% and 0.36%, respectively. On the other hand, the Technology Index is up 0.65% as the best performing major sector in the early trade.

US stock markets will close early in observance of the Thanksgiving Day holiday on Friday.

S&P 500 chart (daily)

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News


Latest Forex News

Editors’ Picks

AUD/USD keeping its head above 21DMA at 0.7673 for now

AUD/USD saw downside during Monday’s Asia Pacific and early European session, dropping momentarily as low as 0.7660. The pair broke below an uptrend linking the 28 December 2020 high with the 4, 11 and 15 January lows.

AUD/USD News

EUR/USD is nearing the 1.2000 psychological threshold

EUR/USD corrective decline continues, with the pair approaching a critical psychological support level. Investors await Biden’s inauguration and ECB’s monetary policy decision.

EUR/USD News

XAU/USD fades recovery moves below $1,850, awaits fresh clues

Gold eases from the top of an immediate $10 trading range while declining to $1,837 at the start of Tuesday’s Asian session. The yellow metal took a U-turn from the lowest since December 01 the previous day as the US dollar stepped back after refreshing the one-month high.

Gold news

Stellar awaits a massive breakout but remains inside a no-trade zone

XLM has continued to trade sideways since we last reported about it. The digital asset remains locked inside a tightening range which will eventually burst. 

Read more

US Dollar Index: Immediately to the upside comes 91.00

DXY extends the march north and already trades at shouting distance from the 91.00 barrier, or new 2021 highs.

US Dollar Index News

Forex MAJORS

Cryptocurrencies

Signatures