NEW YORK – Major US stock indices drifted to fresh records Friday as markets continued to look past rising coronavirus cases toward a better 2021 economy with likely vaccines.
The S&P 500 and Nasdaq notched all-time highs, while the Dow edged higher, joining European equity markets, which earlier won modest gains.
Many US traders had taken advantage of the Thanksgiving holiday on Thursday to give themselves a long weekend.
“We look set for a quiet end to the week,” said CMC Markets analyst Michael Hewson.
“This end-of-week caution appears to be predicated on concern over the short-term economic outlook, as the extension of tighter restrictions on e…
Keep on reading: Global stocks mostly rise as S&P, Nasdaq notch fresh records