You are here: Home » International » News » Others
Business Standard

Dow tops 25,000 on strong private hiring, global growth hopes

The momentum carried into 2018, with the benchmark S&P index closing above 2,700 for the first time

Reuters 

The Dow Jones Industrial Average broke above the 25,000 level for the first time on Thursday and other major indexes scaled new highs after strong US private jobs data added to upbeat sentiment following indications of robust growth globally. The 30-member blue-chip index crossed five 1,000-point marks in 2017, driven partly by President Donald Trump’s pro-growth agenda and solid corporate earnings. The momentum carried into 2018, with the benchmark S&P index closing above 2,700 for the first time on Wednesday and the Nasdaq settling above 7,000 a day ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, January 05 2018. 03:52 IST
RECOMMENDED FOR YOU