Wall Street ignores tax hikes and renews records – Exchange

The Dow Jones ended the day at a new historic high by gaining 1.13% to 33,527.19 points. During the session, the blue chip index touched 33,617.95 points, an intraday record.The S&P 500 also celebrated an all-time high with an increase of 1.44%, to close at 4,077.91 points. The extended index even touched 4,083.42 points, the highest value in its history.
No record but with an equally positive day was the Nasdaq Composite. The technological index advanced 1.67%, closing at 13,705.59 points. Its historical closing peak was reached on February 12, at 14,095.47 points, while the intraday record is on February 16, at 14,175.12 points. Even with the announced tax hike advocated by the White House, investors remain excited and it was the big tech companies – which will be the most penalized by the Biden administration’s proposal – to boost the markets.Facebook set a new historic high by rising 3.43% to $ 308.91. Microsoft also advanced 2.77%, to a record of $ 249.07, and Alphabet, the parent company of Google, also set a new absolute maximum by gaining 4.19%, to $ 2,218.96.

Amazon rose 2.08%, Apple gained 2.36% and Tesla rose 4.43% after revealing that global car deliveries in the first quarter exceeded analysts’ estimates.


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