S&P 500, Dow in Record Climb as Signs of Consumer Strength Boost Cyclicals

  • Date: 29-Jul-2021
  • Source: Investing.com
  • Sector:Retail
  • Country:Gulf
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S&P 500, Dow in Record Climb as Signs of Consumer Strength Boost Cyclicals

By Yasin Ebrahim

Investing.com – The S&P 500 climbed to a fresh record high Thursday, shrugging off disappointing second-quarter U.S. growth amid signs consumer spending remains healthy.

The rose 0.6% after hitting a record of 4,430.20. The gained 0.6%, or 215 points to a record of 25,171.52. The Nasdaq was up 0.3%.