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Dow 23,000 means blue-chip’s 3rd fastest close above a 1,000-point milestone
invite response
2017 Oct 18, 1:34pm 8,454 views 41 comments
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41
joeyjojojunior
2017 Oct 20, 6:49am
One of the many threads you ran from. Where he showed you had approximately 17 likes on a dumb thread about your truck or something like that..
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A resurgence in the so-called Trump trade helped propel the Dow Jones Industrial Average to a fresh closing milestone.
This time the most well known and oldest U.S. equity benchmark closed above 23,000 for the first time ever, notching its fourth straight 1,000-point climb over the past 12 months. That marks the largest number of such 1,000 point moves within a calendar year in the benchmark’s 120+-year history, according to WSJ Market Data Group.
Since the 2016 election, won in shocking fashion by Trump over Democratic rival Hillary Clinton, the Dow has climbed 26%, the S&P 500 index has advanced almost 20%, the Nasdaq Composite Index has returned about 28%, and a popular index of small companies, the Russell 2000 index has climbed more than 26%.
http://www.marketwatch.com/story/the-stock-markets-velocity-has-the-dow-flirting-with-230000-2017-10-05
All done without any QE, imagine that.