Despite Dire 2016 Media Predictions, Dow Breaks 25,000

Eric Scheiner | January 4, 2018
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The Dow Jones Industrial Average went above the 25,000 level for the first time Thursday morning.

The surge shows a continued run that lifted stocks by more than 20 percent in 2017, a year where the Dow repeatedly broke new record highs.

According to The Washington Post,

The Dow passed the 20,000 threshold days after Trump took office then kept climbing, posting 71 record highs last year. It passed 24,000 on Nov. 30, making the latest 1,000-point run one of the fastest in its history.

The S&P Index closed yesterday in record territory, and the NASDAQ Composite Index closed over 7,000 yesterday. Both of those markets were continuing to trend upwards as of the time of this publication Thursday morning.

You can watch the moments where the Dow broke into record territory just after 9:30AM EST Thursday morning in the video above.

For a historical perspective, you can also view some dire predictions from 2016 of what a Trump victory would do to the markets, towards the end of the video.

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