"The Dow Jones Industrial Average crossed 26000 for the first time Tuesday, just seven trading sessions after closing above its last 1,000-point milestone.
The blue-chip index gained 273 points, or 1.1%, to 26076 shortly after the opening bell. If the Dow industrials close above 26000, the jump from 25000 would be the fastest 1,000-point leap in its 120-year history.
Tuesday’s historic rise builds on the Dow’s 25% gain last year and its seemingly unstoppable climb to start 2018. The rally began in late 2016 as a bet on infrastructure spending, deregulation and tax cuts, but spent 2017 rising on the back of strong corporate earnings growth."
https://www.wsj.com/articles/stock-markets-diverge-as-investors-focus-on-the-dollar-1516071275
The blue-chip index gained 273 points, or 1.1%, to 26076 shortly after the opening bell. If the Dow industrials close above 26000, the jump from 25000 would be the fastest 1,000-point leap in its 120-year history.
Tuesday’s historic rise builds on the Dow’s 25% gain last year and its seemingly unstoppable climb to start 2018. The rally began in late 2016 as a bet on infrastructure spending, deregulation and tax cuts, but spent 2017 rising on the back of strong corporate earnings growth."
https://www.wsj.com/articles/stock-markets-diverge-as-investors-focus-on-the-dollar-1516071275