25,000 AND COUNTING …
Yesterday, the Dow Jones industrial average broke above 25,000 for the first time, tying the fastest 1,000-point move in its history. In the wake of strong jobs reports, the GOP Tax cut passage, strong consumer confidence and a low unemployment rate, the DOW surged 25,000. The nay sayers in the liberal media claimed Trump was going to be terrible for the economy and the stock markets. Guess who was wrong again?
The Dow Jones industrial average broke above 25,000 for the first time on Thursday, tying the fastest 1,000-point move in its history, following the release of stronger-than-expected jobs data.
“The Dow hitting 25,000 was a pretty wild idea even a year ago. And while its 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 ETRADE.
UPDATE I: And its up again today another 86 at this moment.