On the 31st (hereafter Eastern Time), the Dow Jones 30 Industrial Average on the New York Stock Exchange (NYSE) closed at 3,606.48, up 196.92 points (0.65%) from the battlefield.
The Standard & Poor’s (S&P) 500 index closed at 3756.07, up 24.03 points (0.64%) from the battlefield, and the technology stock-oriented NASDAQ index closed at 12,888.28, up 18.28 points (0.14%).
The Dow and the S&P 500 closed trading this year, recording all-time highs based on closing prices.
The Dow index rose about 1.4% this week. The S&P 500 index rose 1.4%, and the NASDAQ rose 0.7%.
On the last trading day of this year, the market watched unemployment indicators in a calm atmosphere.
The fact that the US unemployment indicator was good provided relief.
The Ministry of Labor announced last week that the number of unemployment insurance claims fell by 19,000 from the previous week to 787,000 (seasonal adjustment).
The number of claimants for unemployment insurance declined for the second consecutive week, less than the 828,000 estimates compiled by the Wall Street Journal.
As the corona 19 relapse showed an increase, it has somewhat reduced concerns about worsening employment in winter.
On the other hand, as anxiety factors such as the immediate spread of the new coronavirus infection (Corona 19) and trade disputes between the US and Europe emerged, the major indexes rose and fell within a limited range during the intraday.
The US Trade Representative (USTR) announced on the previous day that it would impose additional tariffs on aircraft parts and wine made in France and Germany. The decision was made in an extension of the conflict over subsidies to Airbus and Boeing.
The situation of Corona 19 is still unstable, with mutant viruses being confirmed in the United States and other countries around the world.
As the virus is known to be more infectious, there are many concerns that the burden on the healthcare system will increase. In response, measures to restrict movement by each country have also been strengthened.
Meanwhile, the New York stock market showed a record surge this year due to the Corona 19 pandemic.
The S&P 500 index plunged in February-March, with the fastest in history, falling by about 30%.
Since then, it has recovered beyond imagination thanks to unprecedented liquidity input by fiscal and monetary authorities. In particular, the stock prices of major technology companies, which are the main beneficiaries of the blockade society, surged.
As a result, the NASDAQ surged about 43.6% on an annual basis this year. The S&P500 index rose by about 16.3% and the Dow index rose by 7.3%.
In particular, compared to the bottom of last March, the NASDAQ soared by 88%. It almost doubled in about nine months.
By industry, financial stocks rose 1.32% and communications rose 0.97%.
On the Chicago Options Exchange (CBOE), the volatility index (VIX) fell 0.09% from the previous trading day to 22.75.
[김승한 매경닷컴 기자 [email protected]]
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]