Dow Reaches 20K for the First Time

Stock market hits a milestone
By Newser Editors and Wire Services
Posted Jan 25, 2017 8:40 AM CST
Specialist Anthony Rinaldi works at his post on the floor of the New York Stock Exchange Tuesday.   (AP Photo/Richard Drew)

(Newser) – It's stock market history: The Dow Jones industrial average eclipsed 20,000 for the first time Wednesday, triggering cheers from the floor of the New York Stock Exchange, reports the AP. The Dow hit the mark upon opening for the day. The Wall Street Journal notes that the Dow was under 18,000 as recently as Nov. 4, but the markets have since spiked, buoyed in part by President Trump's promise of infrastructure projects. (Read more stock market stories.)

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