RECORD SET – Dow Jones Industrial Closes Above 26,000 For First Time Ever, Thanks To Boeing and IBM
By Fox Business // January 17, 2018
Dow Up over 300 points on Wednesday
ABOVE VIDEO: Markets rise: Where to invest your money.
(FOX BUSINESS) – The Dow closed above 26,000 for the first time in its history, as bank earnings, Boeing (BA) and IBM (IBM) drove the blue-chip index higher Wednesday.
The Dow Jones Industrial Average surged about 321 points to 26,114. The S&P 500 and Nasdaq Composite also hit all-time highs. The S&P 500 advanced 26 points to 2,802. The Nasdaq gained 74 points to 7,298.
An early rally Tuesday morning pushed the Dow past 26,000, clinching the fastest 1,000-point climb for the Dow. Although Wall Street pared its gains later in the session, the rally picked back up a day later.
Brad McMillan, chief investment officer for Commonwealth Financial Network, said the brief pullback after the Dow first cracked 26,000 on Tuesday was a healthy sign for the market.
CLICK HERE TO READ FULL ARTICLE ON FOX BUSINESS