×

Warning

JUser: :_load: Unable to load user with ID: 567

Print this page

US stocks close higher with new records, 2 indexes post weekly gains

By August 14, 2021 2033

US stocks closed higher Friday while two reached new records and posted weekly gains. 

The Dow Jones ended the day at 35,515 points with a 0.35% gain, but hit a record high of 35,610.57 at the opening bell on the New York Stock Exchange.

The S&P 500 closed at 4,468 with a 0.16% increase after climbing to an all-time high of 4,468.37 at the first bell.

The Nasdaq finished at 14,822 points with less than a 0.1% increase. The tech-heavy index, however, declined 0.08% for the week.

On a weekly basis, the blue-chip Dow was up 0.87% and the S&P 500 gained 0.7%, according to data compiled by Anadolu Agency.

The positivity in the markets caused the VIX volatility index, known as the fear index, to slide 1% to 15.43.

The dollar index also fell 0.6% to 92.51, while the yield on 10-year US Treasury notes plummeted 6.1% to 1.283%.

Precious metals continued to be volatile but showed a strong recovery. Gold jumped 1.5% to $1,779 per ounce and silver soared 2.3% to $23.73.

Oil prices extended their losses with Brent crude losing 1.6% to $70.20 per barrel and West Texas Intermediate stood at $68.23 – a 1.5% loss./aa