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Biden pushes US stocks to record levels and Microsoft’s market value exceeds 2 trillion
image 25 June، 2021
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US stocks posted sharp gains at the close of trading yesterday, Thursday, June 24, as the S&P 500 and Nasdaq indexes closed at new records after US President Joe Biden announced that an agreement had been reached with a bipartisan group of lawmakers on the structure plan. Infrastructure.

After months of negotiations, the Republican and Democratic parties reached a huge investment plan in infrastructure, which included investments of more than 1.2 trillion dollars over eight years, including 973 billion dollars over the five years, including 312 billion in the transportation, roads and airports sector, and 266 billion in other infrastructure.

In terms of stock movement, Microsoft’s stock closed at $266.69, up 0.53%, with a market value of $2.01 trillion, after the company launched the new version of the Windows 11 operating system during Thursday’s session.

The Dow Jones Industrial Average closed up by (322) points at the close at 34.196 levels, with gains of about 0.95%, and is now trading in the futures for today’s session, Friday, at 34.176 levels, up by about 94 points.

While the S&P 500 index recorded highs at the close at 4.266 levels, up by 24 points or 0.58%, and is now trading in futures at 4.258 levels, up by about 2 points.

While the Nasdaq index recorded gains by (97 points), to close the session at 14.369 points, recording gains of about 0.69%, and it is now trading at 14,361 levels, up by about 7 points.

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