Markets: Dow, S&P 500 finish first session of 2022 at records

New York: Major Wall Street indices closed at fresh records Monday, extending their recent streak of positive performances despite expectations for higher interest rates.

The Dow Jones Industrial Average rose 0.7 per cent to 36,585.06, a record.

The broad-based S&P 500 jumped 0.6 per cent to 4,796.56, also a record, while the tech-rich Nasdaq Composite Index advanced 1.2 per cent to 15,832.80.