S&P 500 and Dow close at record highs

SINGAPORE — Shares in Japan seemed set for a decrease begin on Thursday regardless of good points in a single day on Wall Street that noticed a record close for each the S&P 500 and Dow Jones Industrial Average.

The Nikkei futures contract in Chicago was at 28,845 whereas its counterpart in Osaka was at 28,810. That in contrast towards the Nikkei 225’s final close at 28,906.88.

In Australia, the S&P/ASX 200 ticked fractionally greater in morning commerce.

Overnight stateside, the S&P 500 gained 0.14% to 4,793.06 — its seventieth record close of 2021. The Dow Jones Industrial Average additionally closed at a record, rising 90.42 factors to 36,488.63. The Nasdaq Composite lagged, slipping 0.1% to about 15,766.22.

Those strikes got here as traders continued to evaluate the financial dangers from the omicron Covid variant that has contributed to a surge in infections in locations such because the U.S. and U.Ok.

The World Health Organization additionally warned Wednesday that new Covid variants might emerge in the course of the pandemic which might be “fully resistant to current vaccines or past infection.”

The U.S. greenback index, which tracks the dollar towards a basket of its friends, was at 95.885 following a latest drop from above 96.3.