Monday, February 13, 2017

Dow Races Past 20K in Reinvigorated Trump Rally

The wait for Dow 20000 is over.

The blue-chip average sailed past what had been an elusive milestone Wednesday after President Donald Trump demonstrated in recent days he is serious about fulfilling campaign promises.

The Dow’s march toward the psychologically-significant level captivated Wall Street ever since Trump’s surprise election in November, and it finally broke through just 64 days after crossing the 19000 threshold for the first time ever Opens a New Window. . It was the second-fastest1,000 point run in history. But the Dow flirted with the milestone for weeks, and came within a fraction of a point of 20K Opens a New Window. on January 6, stalling as investors awaited more concrete evidence the president would follow through on the issues he championed on the campaign trail, including lower taxes and less regulation.
Read More: http://www.foxbusiness.com/markets/2017/01/25/dow-races-past-20k-in-reinvigorated-trump-rally.html
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