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.
0 Comments