Dow Surges Through 25,000

The Dow Jones Industrial Average was set to breach 25,000-mark for the first time on Thursday, close on the heels of records for the other major indexes earlier this week, as strong U.S. private hiring data added to investor optimism.Dow futures were trading 23 points short of the milestone. The blue-chip index crossed 20,000 in early 2017, spurred by President Donald Trump’s pro-growth agenda.

Source: Dow eyes 25,000 on strong U.S. private hiring numbers – Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.