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S&P 500 hits record high, regains pre-COVID levels

The S&P record confirms, according to a widely accepted definition, that Wall Street's most closely followed index entered a bull market after hitting its pandemic low on March 23. It has surged about 55% since then

 
 

The S&P 500 inched up 2.12 points, or 0.1%, to 3,351.28 on Friday to eke out a sixth straight gain, after being down most of the day

The Zurich-based company, founded 10 years ago, says it has special sole technology that is soft on impact and firm on the rebound, and it has been growing fast

The daily count of infections also hit a new benchmark in California and Texas, while Florida and Arizona also recorded the second-highest daily increases
 
 

Tokyo's Nikkei 225 advanced 1.4% to 22,912.24, while the Kospi in South Korea added 0.6% to 2,196.47. In Australia, the S&P/ASX 200 added 1.4% to 6,025.50

In a filing to U.S. Securities and Exchange Commission, Li Auto said it intends to list its shares on the Nasdaq under the symbol "LI"

MSCI's broadest index of Asia-Pacific shares outside Japan went flat, having climbed 2.8% the previous day, with most markets across the region little changed
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