Stock benchmarks just did something they haven’t done in nearly 20 years
Dow, S&P 500, Nasdaq Composite, Russell 2000, Dow transports all close at all-time highs on the same day.
Five major U.S. stock-index benchmarks finished at records on the same day—something that hasn’t happened in more than 18 years, according to Dow Jones data.
On Thursday, the Dow Jones Industrial Average DJIA, +0.33% closed up 65 points, or 0.3%, at 19,614.81. It was the 13th record finish for the blue-chip gauge since the election.
Equities have been a record-setting run on the back of the belief that President-elect Donald Trump will implement pro-business policies and boost the economy.