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Dow closes above 25,000 for the first time

Thursday, January 4, 2018 | Tag Cloud Tags: News, Trade, Worthy News | Learn about our FREE SYNDICATION Service | Get the Worthy Brief by email! | Printer Friendly

(Worthy News) – The Dow Jones industrial Average closed at more than 25,000 for the first time Thursday.

The 30-stock index climbed 152.45 points to 25,075.13 35 days after it broke above 24,000 for the first time on Nov. 30, tying the fastest 1,000-point move in its history when it rose from 20,000 to 21,000 last year.

“The Dow hitting 25,000 was a pretty wild idea even a year ago. And while it’s symbolically important, the real story is never just a number. It’s the underlying strength that is pushing markets this high,” said Steve Claussen, vice president of trader strategy at E-Trade. [ Source: UPI (Read More…) ]

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