Dow hits 25,000 points for 1st time on US hiring data
Dow hits 25,000 points for 1st time on US hiring data
New York - Al Maghrib Today
The Dow shot above 25,000 points for the first time Thursday as strong US private-sector hiring data extended a stocks rally in the wake of enactment of US tax reform.
About 10 minutes into trading, the Dow Jones Industrial Average stood at 25,035.74, up 0.5 percent.
The broad-based S&P 500 gained 0.4 percent to 2,722.61, while the tech-rich Nasdaq Composite Index advanced 0.4 precent to 7,082.08. Both the S&P 500 and Nasdaq also added to Wednesday's records.
Source: AFP
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