Daily Morning Note | November 22, 2021
The Nasdaq finished at a fresh record Friday on a mixed day for US stocks as markets weighed the risk of economic weakness due to another Covid-19 wave. The tech-focused index notched its first close above 16,000 points, extending a trend in recent days of outperforming the broader market. The Nasdaq jumped 0.4 per cent to 16,057.44, ending at its second straight record and up 1.2 per cent for the week. The Dow Jones Industrial Average dropped 0.8 per cent to 35,601.98, while the broad-based S&P 500 shed 0.1 per cent to 4,697.96.
Singapore shares ended the week in the red as inflationary…
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