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VOL. 45 | NO. 33 | Friday, August 13, 2021

S&P hits new record amid rising concerns about pandemic

The Associated Press

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Stock indexes are closing at record highs on Wall Street Monday, despite rising coronavirus infections in the U.S. and around the globe, as well as geopolitical concerns in Asia.

The S&P 500 index ended 0.3% higher after having been down as much as 0.7%. The Dow Jones Industrial Average also rose 0.3%, while the Nasdaq composite fell 0.2%.

Shares of Tesla fell 4.3% after the U.S. government began investigating the company's automated driving feature, following a series of collisions with parked vehicles.

Oil prices fell and weighed down energy companies.

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