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 Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

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