Dow Hits 20,000 for First Time
231 views · Published 25 January 2017 · 2:15 · Indexed 14 November 2026
Channel: Real Thing TV · 2017 · News & Politics
Dow Hits 20000 for First Time Since Election Day, the stock market has found fresh legs to add to one of the longest bull-market runs in U.S. history. THE DOW JONES INDUSTRIAL AVERAGE JUST POWERED THROUGH THE 20000 LEVEL FOR THE FIRST TIME EVER, SETTING AN ALL-TIME INTRADAY HIGH THREE TRADING DAYS AFTER THE INAUGURATION OF DONALD TRUMP. Moments after the open, the Dow shot up to 20033.77. Grab your hats. The new record comes as stocks have been on the rise for much of the past three months, finding fresh legs since Election Day to add to one of the longest bull-market runs in U.S. history. The Dow industrials closed under 18000 as recently as Nov. 4, but have risen 12% since then. The rally has been dubbed the “Trump bump,” as most of the run higher has occurred since Mr. Trump was elected president on Nov. 8. Investors have been bidding up stocks on the belief that he’ll ramp up infrastructure spending, cut corporate taxes, deregulate industries and give the economy a boost.
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