Wall Street is going into the weekend lively

Wall Street is going into the weekend lively. Investors also bet on US stocks on the last trading day of the week. The Dow Jones Industrial climbed to another high in the first few minutes of trading, as did the market-wide S&P 500. In the end, the technology-heavy Nasdaq 100 lagged slightly behind with an increase of 0.11 percent to 14 041.9 points, but also marked a record high . The Dow expanded the winning streak of the past few weeks by a further 0.48 percent to 34,200.6 points. From a weekly perspective, there is a surcharge of a good one percent for the leading index. Since the beginning of the year, the Dow has grown by almost twelve percent. The market-wide S&P 500 advanced 0.36 percent to 4185.4 meters. The ever-increasing economic activity and the advances in corona vaccinations in the USA are driving the stock exchanges further. Despite the price rally of the past weeks and months, experts still see upside potential: The Swiss bank UBS raised its target price for the S&P 500 index from 4200 to 4400 points by the end of the year on Friday. "With the economy reopening faster in the coming months, we believe the bull market will continue to stand on solid foundations," wrote investment chief Mark Haefele. After two rounds of stimulus from the US government and thanks to continued progress in vaccinations against the coronavirus, according to the expert, there is increasing evidence that economic activity in the US is picking up speed again. In addition, the cost pressure on companies is largely only of a temporary nature and can be offset by sales growth.