Dow tops 30,000 for the first time ever

[F-22Raptor]

New York(CNN Business)Investors have a lot to be thankful for this holiday-shortened week — including the Dow passing the 30,000 milestonefor the first time as stocks posted solid gainsTuesday to extend Monday's rally.

The Dow finished the day up nearly 455 points, or 1.5%. The blue chip index hit a new all-time high in the process, finally topping the 30,000 mark. The Dow is now up more than 5% in 2020.

The S&P 500 closed 1.6% higher and the Nasdaqended 1.3% higher on Tuesday, and they too are not far from all-time highs. The S&P 500 has gained 12.5% this year, while the Nasdaq has surged 34%.

https://www.cnn.com/2020/11/24/investing/dow-stock-market-today-transition-yellen/index.html

 

[Chhatrapati]

Unnecessary excitement.

 

[Yongpeng Sun-Tastaufen]

Wow. That's what I call a super power. Next stop. 300,000 points.

 

[Microsoft]

Cant wait for Biden to destroy all of Trumps gains.

 

[Hamartia Antidote]

New York(CNN Business)Investors have a lot to be thankful for this holiday-shortened week — including the Dow passing the 30,000 milestonefor the first time as stocks posted solid gainsTuesday to extend Monday's rally.

The Dow finished the day up nearly 455 points, or 1.5%. The blue chip index hit a new all-time high in the process, finally topping the 30,000 mark. The Dow is now up more than 5% in 2020.

The S&P 500 closed 1.6% higher and the Nasdaqended 1.3% higher on Tuesday, and they too are not far from all-time highs. The S&P 500 has gained 12.5% this year, while the Nasdaq has surged 34%.

https://www.cnn.com/2020/11/24/investing/dow-stock-market-today-transition-yellen/index.html

Jan 25th, 2017

Boom: Dow hits 20,000 for first time ever

After weeks of close calls, the Dow made history on Wednesday by crossing over the 20,000 level for the first time ever..

money.cnn.com

March 29,1999

10,000 at last - Mar. 29, 1999

Wall Street marched into history Monday, with the Dow industrials closing above 10,000 for the first time, reflecting renewed confidence in the high-tech sector, oil merger mania and a strong dollar.

money.cnn.com

Trump bad for business eh?

 

[Yongpeng Sun-Tastaufen]

DOW should increase by like 10,000 points per day. Come on man, so slow.

 

[Beast]

Jan 25th, 2017

Boom: Dow hits 20,000 for first time ever

After weeks of close calls, the Dow made history on Wednesday by crossing over the 20,000 level for the first time ever..

money.cnn.com

March 29,1999

10,000 at last - Mar. 29, 1999

Wall Street marched into history Monday, with the Dow industrials closing above 10,000 for the first time, reflecting renewed confidence in the high-tech sector, oil merger mania and a strong dollar.

money.cnn.com

Trump bad for business eh?

Stock market is just a playground for rich. Nothing much to do with reality.

 

[Hamartia Antidote]

DOW should increase by like 10,000 points per day. Come on man, so slow.

The Dow is probably sucking money from the Shanghai Composite as it has been in the gutter since the 2008 financial crisis.

 

[Yongpeng Sun-Tastaufen]

The Dow is probably sucking money from the Shanghai Composite as it has been in the gutter since the 2008 financial crisis.

Yup. That's how US beat China for #1 spot in the world. US are masters when it comes to financial.

 

[Hamartia Antidote]

Stock market is just a playground for rich.

True, over 50% of American have stocks while only 7% of Chinese.

 

[Yongpeng Sun-Tastaufen]

True, over 50% of American have stocks while only 7% of Chinese.

Chinese don't care about stock. They only care things they can see. They are materialists.

 

[Hamartia Antidote]

Yup. That's how US beat China for #1 spot in the world. US are masters when it comes to financial.

Well looking at the Shanghai Composite they certainly failed at that idea. What a drop.

You two going to troll this thread all night? Try doing something useful for once...we can go over to the China forum and happily troll all your threads if you'd like. Maybe we can even make it a daily thing.