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Dow posts record closing high, stocks gain for 3rd week; dollar dips

Dow posts record closing high, stocks gain for 3rd week; dollar dips

10/23/2021 6:55:00 AM

Dow posts record closing high, stocks gain for 3rd week; dollar dips

The Dow Jones industrial average registered a record closing high on Friday and major equity indexes posted a third straight week of gains while the U.S. dollar slipped.

The pan-European STOXX 600 index(.STOXX)rose 0.46% and MSCI's gauge of stocks across the globe shed 0.03%.The MSCI index posted gains for a third straight week along with the three major U.S. stock indexes.In the U.S. bond market, yields on longer-dated U.S. Treasuries slid.

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The yield on 10-year Treasury notes was down 1.6 basis points to 1.659% after rising to a five-month high of 1.7064% late Thursday.Oil rose and ended up for the week, near multi-year highs. Brent crude futures rose 92 cents to settle at $85.53 a barrel, and registered its seventh weekly gain. U.S. crude futures gained $1.26, to settle at $83.76, and rose for a ninth straight week.

Spot gold was up 0.6% at $1,793.82 per ounce.Among cryptocurrencies, bitcoin last fell 2.21% to $60,841.96.Additional reporting by Simon Jessop in London, and Karen Brettell, Sinead Carew and Herbert Lash in New York and Kevin Buckland in Tokyo Editing by Hugh Lawson Mark Potter and David Gregorio

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More fluctuations expected

5 things to know before the stock market opens ThursdayDow futures dropped Thursday, one day after the 30-stock average set a new intraday all-time high but finished just under its mid-August record close. Any Basher Shorties talking Novavax vaccine purity is low at 70%,Pfizer has been tested at only 55%. And Japan basically threw away Moderna’s 100 million doses of contaminated vaccine, and the United States threw away 100 million of JNJs contaminated vaccines. Novavax’s 70%

Asian markets gain as Evergrande makes overdue bond paymentAsian shares gained Friday after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high. good luck So gullible

Stocks open slightly lower after push toward record highsMajor U.S. stock indexes opened with small losses Thursday, pausing after the Dow Jones Industrial Average and S&P 500 ended the previous session less than 0.1% away from record finishes:

Stocks making the biggest moves midday: Snap, Intel, Moderna, Digital World Acquisition Corp and moreStocks making the biggest moves midday: Snap, Intel, Moderna, Digital World Acquisition and more

L'Oreal drives gains and UBS says buy stocks in beaten-down European marketsConsumer-good stocks drive gains for Europ ean stocks on Friday, after L'Oréal reported better-than-expected results while investors brushed aside downbeat...

Wall Street closes higher as earnings reports soothe investor fearsThe S&P 500 and the Dow closed higher on Wednesday as investors eyed better than expected third-quarter earnings from U.S. companies.