Stocks to Close out Shining 2021

  • Date: 01-Jan-2022
  • Source: MENAFN
  • Sector:Economy
  • Country:Middle East
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Stocks to Close out Shining 2021

(MENAFN- Baystreet. ca) Stocks to Close out Shining 2021 Advertisment U. S. stocks were marginally lower Friday morning as investors close out a stellar 2021. The Dow Jones Industrials stayed in the red 11. 34 points to 36, 386. 74. The much-broader S&P 500 index subtracted 1. 52 points to 4, 777. 21 The NASDAQ retreated 27. 36 points at 15, 714. 20. Pfizer led the S&P 500 on Friday, rising 1. 6%. British regulators approved the use of Paxlovid – the drugmaker's COVID-19 antiviral pill – for people over 18 with mild to moderate illness. Ford Motors was also among the leaders in the S&P 500 on Friday, adding 1. 3%, bringing its year-to-date return to more than 135%. The auto stock is one of the top performers in the benchmark index for the year. The major averages are all up double-digits this year as the global economy began its recovery from the 2020 COVID lockdowns, while the Federal Reserve maintained supportive measures first implemented at the onset of the pandemic. The U. S. has now recorded more than 53 million COVID cases and more than 820, 000 deaths, according to CDC data as of Thursday. Strong corporate earnings