US investors started 2022, pushed US stocks to new records on Monday and extended the winning streak in 2021.
The Dow Jones Industrial Average rose 246 points, or 0.7%, while the S&P 500 rose 0.6%, both closing record highs. Investors have had a successful year that drove the S&P up 27%, or over 1,011 points, the largest point gain ever in a year.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| Me: DJI | DOW JONES AVERAGE VALUES | 36585.06 | +246.76 | +0.68% |
| SP500 | S&P 500 | 4796.56 | +30.38 | +0.64% |
The Nasdaq Composite rose 1.2%, helped in part by Apple, which became the first US company to reach a market value of $ 3 trillion during the day. The shares closed just below this level.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| Me: COMP | NASDAQ COMPOSITE INDEX | 15832.798557 | +187.83 | +1.20% |
| AAPL | APPLE INC. | 182.01 | +4.44 | + 2.50% |
Pfizer received approval from the Food and Drug Administration to allow additional vaccinations for children 12 years and older. Other vaccine makers have mixed in the news.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| PFE | PFIZER INC. | 56.65 | -2.40 | -4.06% |
| BNTX | BIONTECH SE | 231.85 | -25.95 | -10.07% |
| MRNA | MODERNA INC. | 235.05 | -18.93 | -7.45% |
Tesla rose after the Automaker announced that it shipped 308,600 vehicles worldwide in the fourth quarter, breaking the sixth consecutive quarterly record and beating analyst estimates by more than 15%.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| TSLA | TESLA INC. | 1,199.78 | +143.00 | + 13.53% |
Other electric vehicle manufacturers, including China’s Nio and Li Auto, also reported strong shipments.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| NOK | NIO INC. (CHINA) | 33.47 | +1.79 | + 5.65% |
| IN THE | LI AUTO INC. | 32.34 | +0.24 | + 0.75% |
The focus is on meat producers. President Biden announced efforts to contain rising prices amid soaring inflation.
WHERE RISING CONSUMER PRICES BEAT AMERICANS THE MOST
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| HRL | HORMEL FOODS CORP. | 49.13 | +0.32 | + 0.66% |
| PPC | PILGRIM PROUD | 28.10 | -0.10 | -0.35% |
| TSN | TYSON FOODS INC. | 87.80 | +0.64 | + 0.73% |
| SAFM | SANDERSON FARMS INC. | 189.46 | -1.62 | -0.85% |
After test runs in several large cities, Chipotle has launched a vegan chorizo item on the market for a limited time. “Plant-based chorizo is made from all real, fresh ingredients grown on a farm, not in a laboratory,” the restaurant chain explained.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| CMG | CHIPOTLE MEXICAN GRILL INC. | 1,690.67 | -57.58 | -3.29% |
The economic calendar was bright and construction spending rose 0.4% in November, less than expected. Revised up to 0.4% in October
The data heats up Tuesday with the release of the JOLTS report tracking job openings, while ADP is due to release its employment balance sheet on Wednesday ahead of the big December jobs report on Friday.
| ticker | safety | Last | change | Change% |
|---|---|---|---|---|
| USE | UNITED STATES OIL FUND LP | 54.83 | +0.47 | + 0.86% |
| GLD | SPDR GOLD SHARES TRUST – EUR ACC | 168.33 | -2.63 | -1.54% |
In commodities, oil prices rose 1.1% to $ 76.08 an ounce, while gold fell 1.5% to $ 1,799 an ounce.
In Asian trade, Hong Kong’s Hang Seng lost 0.5% to 23,274.75 and the Kospi in South Korea rose 0.4% to 2,988.77.
One of China’s largest real estate developers, Evergrande Group, which is struggling to avoid defaulting on $ 310 billion in debt, announced Monday that it had requested the suspension of trading of its shares in Hong Kong pending unspecified “inside information.” “Were announced. “
The Associated Press contributed to this report.
