Wall St. rises, Dow closes above 20,000 milestone

Image
Reuters
Last Updated : Jan 26 2017 | 2:48 AM IST

(Reuters) - U.S. stocks climbed on Wednesday and the Dow Jones Industrial Average closed above the 20,000 mark for the first time ever as solid earnings and optimism over President Donald Trump's pro-growth initiatives revitalised a post-election rally.

The Dow Jones Industrial Average rose 155.38 points, or 0.78 percent, to 20,068.09, the S&P 500 gained 18.33 points, or 0.80 percent, to 2,298.4 and the Nasdaq Composite added 55.38 points, or 0.99 percent, to 5,656.34.

(Reporting By Chuck Mikolajczak; Editing by Nick Zieminski)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 26 2017 | 2:35 AM IST

Next Story