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Dow passes 20,000 points for the first time ever as investors bet on Trump

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Dow passes 20,000 points for the first time ever as investors bet on Trump

The Dow Jones Industrial Average, the most famous equity index benchmark on Wall Street shot above 20,000 for the first time, at the open Wednesday.

The blue-chip stocks index quickly blew through the much-anticipated milestone in the opening seconds of trading, culminating a US rally in the wake of Donald Trump’s election, in anticipation he will produce pro-growth policies.

About four minutes into trading, the Dow was 20,007.77, up 0.5 percent.

The index came within a point of the historic level on Jan. 6, as investors banked on pro-growth policies and tax cuts from the new administration.

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