Wall Street ends the day mostly higher

Wednesday, 29. December 2021 22:00

Wall Street closed mostly higher on Wednesday with business news in focus. Samsung is reportedly looking to make its biggest acquisition ever by buying Biogen, while Meta, known as Facebook at the time, allegedly tried to cause a conflict between the two largest political parties in the US in an attempt to prevent a unified congressional front from being formed against the company. Meanwhile, the White House announced that US President Joe Biden and his Russian counterpart Vladimir Putin will speak tomorrow.

The Dow Jones Industrial Average index was up 0.25% at the end of the trading session as Walgreens Boots Alliance grew 1.59%. The Nasdaq 100 closed flat and the S&P 500 advanced 0.14% at the close. Biogen was the best performer at both indexes after jumping 9.46%.

The euro was 0.33% higher compared to the dollar to change hands for 1.13490 at 3:59 pm ET.

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Author:
Baha Breaking News (BBN) / MS