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BOOM!! DOW Closes over 26,000. Eight days after hitting 25,000

By MrMagic following x   2018 Jan 17, 2:53pm 923 views   11 comments   watch   sfw   quote     share    

Dow spikes 322 points, closes above 26,000 for the first time.

Stocks traded higher on Wednesday following the release of stronger-than-expected quarterly results from some of the biggest U.S. companies.

The Dow Jones industrial average rose 322.79 points, closing above 26,000 for the first time. The index first broke above the milestone mark on Tuesday.

The S&P 500 gained 0.9 percent to finish at 2,802.56, with staples and tech rising more than 1 percent. The index also posted a record close.Tech stocks got a boost from Apple, which erased losses after announcing plans to repatriate billions in overseas cash. The stock closed 1.7 percent higher.

The Nasdaq composite rose 1 percent to finish at 7,298.28, a record.

1   TwoScoopsOfWompWomp   ignore (2)   2018 Jan 17, 3:13pm   ↑ like (3)   ↓ dislike (1)   quote        

B-B--b-but, the BMI Index of a Senior Citizen!!! Six Foot TWO! Not Three!
3   BlueSardine   ignore (2)   2018 Jan 17, 6:06pm   ↑ like (2)   ↓ dislike (0)   quote        

That's 1000 more points available to tax. Libbies rejoice!
4   anonymous   ignore (null)   2018 Jan 17, 7:24pm   ↑ like (1)   ↓ dislike (0)   quote        

BlueSardine says
That's 1000 more points available to tax. Libbies rejoice!

for those evil 1% rich people. Trump is so unfair, letting the stock market climb like that.
5   HeadSet   ignore (1)   2018 Jan 17, 7:57pm   ↑ like (0)   ↓ dislike (0)   quote        

anon_ee4d1 says

Really? Are we experiencing run away inflation everywhere along with severe shortages, or just stock prices headed up?

Really bad analogy.
6   Strategist   ignore (1)   2018 Jan 17, 8:01pm   ↑ like (1)   ↓ dislike (1)   quote        

Damn Trump, making everyone rich. Makes me sick.
7   anonymous   ignore (null)   2018 Jan 17, 9:47pm   ↑ like (2)   ↓ dislike (0)   quote        

Get in now! It's the bottom of 27,000,28,000,29,000,30,000
8   WatermelonUniversity   ignore (6)   2018 Jan 17, 10:08pm   ↑ like (1)   ↓ dislike (2)   quote        

taking money out of housing and other assets and putting it in stocks does nothing to improve the economy.
9   CBOEtrader   ignore (2)   2018 Jan 18, 7:00am   ↑ like (2)   ↓ dislike (0)   quote        

Totally. Also true: lowering the black and hispanic unemployment to historical low levels does nothing to help people of color.
10   anonymous   ignore (null)   2018 Jan 18, 7:40am   ↑ like (0)   ↓ dislike (0)   quote        

BorderPatrol says
taking money out of housing and other assets and putting it in stocks does nothing to improve the economy.

Who said that was happening?
11   zzyzzx   ignore (1)   2018 Jan 18, 7:49am   ↑ like (0)   ↓ dislike (0)   quote        

It's all Trumps fault!!!

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