Dow hits 28,000 for first time
While the Dems comedy show AKA shiffshow continues to dribble on, the U.S. stock indexes hit all-time high today with the Dow climbing above 28,000 points for the first time in history.
The Dow Jones Industrial Average rallied to record levels on Friday, reaching 28,000 for the first time ever, after White House economic advisor Larry Kudlow said China and the U.S. were getting close to reaching a trade deal.
The 30-stock average closed 222.93 points higher, or 0.7% at 28,004.89. It took the Dow just over four months to go from 27,000 for the first time to 28,000.
Apple is the best-performing stock in the Dow since July 11, when the index first reached 27,000. In that time, Apple shares are up more than 30%. Intel, J.P. Morgan, United Technologies and Home Depot are some of the stocks that have also rallied more than 10% since July 11.
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