The Dow Jones industrial average (DIJA) has closed at a record high following a return of investor confidence in US inflation and the economy.
On Friday, the DJIA closed at 12,673.68 after a rise of 51.99 points; breaking the one-day-old record of 12,657.02 set the day before.
Strong investment into a number of companies boosted the DJIA. For Exxon Mobil, the largest publicly traded integrated oil and gas company in the world, shares increased by 1.3 per cent and chemical company DuPont saw a rise of two per cent.
Investment has been strong since Thursday's announcement from the Federal Reserve, which indicated that the economy remained stable and inflation was largely under control.
Strong advances were seen across the mark with the Nasdaq composite index up by 4.45 to 2,468.38 and the Russell 2000 ending the day on 807.77, up by 7.43.
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