The stock exchanges in New York closed with new records on Friday, after the leading Dow-Jones index broke the 27,000 point mark the day before. The sentiment on Wall Street was still positive due to the expectation that the Federal Reserve will quickly raise interest rates. Facebook also rebounded after reports of a billions settlement over various privacy scandals.
The Dow finished 0.9 percent higher at 27,332.03 points. The broader compiled S&P 500 climbed 0.5 percent to 3013.77 points. Nasdaq technology level meter won 0.6 percent to 8244.15 points.
Fed President Jerome Powell opened the door for a cut in interest rates by the umbrella of central banks in the United States earlier this week. On the financial markets, an interest rate step later this month is taken into account.
Facebook won 1.8 percent after reports that the company has reached a settlement with regulator FTC. The $ 5 billion payment completes a series of scandals, including that with Cambridge Analytica. President Donald Trump also spoke critically about the libra, the cryptomint of the social media company. According to Trump, Facebook must apply for a banking license if it wants to continue with the libra.
Pharmaceuticals Johnson & Johnson take an important step in the development of a possible vaccine against HIV. The company is preparing a comprehensive test phase. It also became known that the US judiciary is looking at the concern because of suspicions that baby powder from the company would be carcinogenic. The share dropped 4.2 percent.
Automaker Ford won 2.9 percent. The American car group is joining forces with the German Volkswagen in the field of self-driving and electric cars in order to share the high costs for the development of new car technology.
The euro was quoted at $ 1,1271 compared to $ 1,1255 earlier in the day on the close of European stock exchanges. A barrel of American oil cost 0.1 percent more at $ 60.23. Brent oil rose 0.4 percent in price to $ 66.80 per barrel.