On Tuesday, January 6, the US stock market reached a historic high, with the Dow Jones Industrial Average closing above 49,000 points for the first time.
At 4 p.m. on Tuesday, the Dow Jones Index rose by 485 points, a gain of 0.99%, closing at 49,462.08 points, setting a new record high. It was the first time this blue-chip index closed above 49,000 points.
The S&P 500 index also rose by 0.62%, marking another historic high since December 24 of last year. The tech-heavy Nasdaq Composite Index increased by 0.65%.
Wall Street remained resilient despite the uncertainty caused by the arrest of Venezuelan President Maduro by the United States. Instead, the focus was on market fundamentals, such as expectations of strong corporate earnings and optimism about a potential interest rate cut by the Federal Reserve later this year.