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New York Stock Market Slightly Up... Tesla Approaching $600 Countdown

New York Stock Market Slightly Up... Tesla Approaching $600 Countdown [Image source=Reuters Yonhap News]

[Asia Economy New York=Correspondent Baek Jong-min] The New York stock market, which closed early for the Thanksgiving holiday, recorded a slight rise.


On the 27th (local time), the Dow Jones Industrial Average rose 37.90 points (0.13%) to close at 29,910.37, the S&P 500 index increased by 8.70 points (0.24%) to 3,638.35, and the Nasdaq index rose 111.44 points (0.92%) to finish at 12,205.85.


The Dow approached 30,000 again, and the S&P 500 and Nasdaq set all-time closing highs.


The weekly gains were 2.2% for the Dow and 2.3% for the S&P 500. The Nasdaq rose nearly 3%.


Electric vehicle maker Tesla showed strength near the $600 mark. Tesla reached an intraday record high of $598.78, setting another all-time high. The closing price was up 2.05% at $585.76.


Tesla's stock price has been strong continuously ahead of its inclusion in the S&P 500 index on the 21st of next month.


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