NEW YORK | The Dow Jones Industrial Average (DJIA) closed over 22,000 on Wednesday for the first time ever, highlighting a steady record rise for the blue-chip benchmark.

Dow’s 1,000-point milestone 2017. Credit: FactSet, iStockphoto

The stock market barometer closed on Wednesday at an all time high of 22,016 points after reaching a new high of 21,963 points on Tuesday.  Reports indicate that the DJIA was powered on Wednesday by a rally in Apple stocks (AAPL) which closed up +4.73% following better-than-expected results on Tuesday.

The Dow Jones reached 22,000 points for the first time ever. Credit: UPI/Angelillou

This is the latest record mark since Donald Trump assumed the office of President in January.  The Dow last hit 21,000 on March 1 this year.

This year alone, the Dow Jones Index has surpassed 19,000, 20,000 and 21,000 points under President Trump.

President Trump tweeted about the Stock Markets and somehow, it happened much sooner than expected. Credit: Twitter

The Trump Administration has touted these gains with President Trump tweeting before trading even began on Tuesday that the Stock Market could soon top 22,000 for the first time in its history.

 

Copyright @ 2017 Manyika Review.  All Rights Reserved.

Facebook Comments Box