Dow Jones, S&P 500 in record territory

YEREVAN, July 12./ARKA/. The Dow Jones industrial average and S&P 500 both closed Thursday with record highs after remarks by Federal Reserve Chairman Ben Bernanke that seem to indicate a continued stimulus.

The Dow rose 169.26, or 1.1 percent, to close at 15,460.92, breaking through a record set May 28.
But that wasn’t the only stock index to hit highs. The S&P 500 closed up 22.40 to 1,675.40, its highest level ever.

It wasn’t a record, but the Nasdaq was up 57.54 to close at 3,578.30 — its highest mark since 2000.—0-

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Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

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Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

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Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

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