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BOOM!! DOW Closes over 26,000. Eight days after hitting 25,000


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2018 Jan 17, 2:53pm   4,578 views  18 comments

by MrMagic   ➕follow (2)   💰tip   ignore  

Dow spikes 322 points, closes above 26,000 for the first time.

Stocks traded higher on Wednesday following the release of stronger-than-expected quarterly results from some of the biggest U.S. companies.

The Dow Jones industrial average rose 322.79 points, closing above 26,000 for the first time. The index first broke above the milestone mark on Tuesday.

The S&P 500 gained 0.9 percent to finish at 2,802.56, with staples and tech rising more than 1 percent. The index also posted a record close.Tech stocks got a boost from Apple, which erased losses after announcing plans to repatriate billions in overseas cash. The stock closed 1.7 percent higher.

The Nasdaq composite rose 1 percent to finish at 7,298.28, a record.


https://www.cnbc.com/2018/01/17/us-stocks-dow-earnings-bank-of-america.html

Comments 1 - 18 of 18        Search these comments

1   MisdemeanorRebel   2018 Jan 17, 3:13pm  

B-B--b-but, the BMI Index of a Senior Citizen!!! Six Foot TWO! Not Three!
2   anonymous   2018 Jan 17, 5:31pm  

Venezuela.
3   Y   2018 Jan 17, 6:06pm  

That's 1000 more points available to tax. Libbies rejoice!
4   anonymous   2018 Jan 17, 7:24pm  

BlueSardine says
That's 1000 more points available to tax. Libbies rejoice!


for those evil 1% rich people. Trump is so unfair, letting the stock market climb like that.
5   HeadSet   2018 Jan 17, 7:57pm  

anon_ee4d1 says
Venezuela.


Really? Are we experiencing run away inflation everywhere along with severe shortages, or just stock prices headed up?

Really bad analogy.
6   Strategist   2018 Jan 17, 8:01pm  

Damn Trump, making everyone rich. Makes me sick.
7   anonymous   2018 Jan 17, 9:47pm  

Get in now! It's the bottom of 27,000,28,000,29,000,30,000
8   WatermelonUniversity   2018 Jan 17, 10:08pm  

taking money out of housing and other assets and putting it in stocks does nothing to improve the economy.
9   CBOEtrader   2018 Jan 18, 7:00am  

Totally. Also true: lowering the black and hispanic unemployment to historical low levels does nothing to help people of color.
10   anonymous   2018 Jan 18, 7:40am  

BorderPatrol says
taking money out of housing and other assets and putting it in stocks does nothing to improve the economy.


Who said that was happening?
11   zzyzzx   2018 Jan 18, 7:49am  

It's all Trumps fault!!!
12   zzyzzx   2019 Jul 11, 12:50pm  

Over 27,000 now.
13   RWSGFY   2019 Jul 11, 2:24pm  

Thanks, Obama!
14   Ceffer   2019 Jul 11, 4:36pm  

IHLlary: "Trump's election will lead to economic collapse!"
16   Patrick   2019 Jul 11, 6:26pm  

We should keep on quoting the NY Times' 2016 predictions of DOOM if Trump wins the presidency.

So incredibly wrong.

So incredibly partisan.

Such bad "journalism".
17   clambo   2019 Jul 11, 6:48pm  

I have a friend who has a short attention span and thinks like a nutty trader; since 2009 I have been arguing with him to buy stocks and he buys silver and gold coins and keeps them in a safe.

Last year he finally threw in the towel and bought some stocks; however he buys speculative stuff and told me today he lost a few thousand bucks last year in the stock market.

"How in the world did you lose money in this market? You must be very impatient, or love penny stocks."

He said he actually distrusts the stock market; "So, buy good dividend paying stocks; even if there's an apocalypse the zombies won't cancel their TV or cell phone service."

Sometimes I feel pretty flush but I have a dilemma; to actually spend my money I will have to pay capital gains taxes, this pisses me off so I resist spending my own money.
I know it's nuts but I can't help it.

The debates made me confident that Trump will win again; those lame loser Democrats make Marco Rubio look statesmanlike. That's pathetic.
18   RWSGFY   2019 Jul 12, 2:23pm  

clambo says
I have a dilemma; to actually spend my money I will have to pay capital gains taxes, this pisses me off so I resist spending my own money.
I know it's nuts but I can't help it.


LOL, sounds familiar.

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