Dow ends above 20,000 for 1st time, extending election rally
New York
New York - Arab Today
The Dow finished above 20,000 points for the first time Wednesday, after breaching the milestone at the open, extending a stocks rally that followed US President Donald Trump's election, which sparked hopes of pro-growth policies.
At the closing bell, the Dow Jones Industrial Average stood at 20,068.29, up 0.8 percent.
The broad-based S&P 500 also rose 0.8 percent to 2,298.44, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 5,655.93, both new records.
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