Sunday , November 29 2020

Dow hits a new record: 29,000 points – CNN, CNN


New York (CNN Business)The Dow on Friday reached (*****************************************, points for the first time, as stocks climbed across the board.

TheDow(INDU)rose as much as (points, or 0.2%, to cross) ********************************, ****************************************** points, but shortly after, it fell back below the key level. The index fell just short of that mark at Thursday’s close, but still finished at a record high.

President DonaldTrump tweetedthat the Dow had risen (**********************************************, 06 points since his election, adding “the best is yet to come.”

Between election day and Friday’s trading high, stocks gained************************************, points.

TheS&PSPX)), a broader measure of the stock market, was up 0.1%. TheNasdaq CompositeCOMP0.2% climbed. Both indexes also hit new all-time closing highs Thursday.

It’s been a choppy start to the year for stocks: Fears over a military conflict between the United States and Iranweighed on marketsover the past several days. Meanwhile, hopes for calmer conditions on the trade front ahead ofnext week’s signingof the “phase one “trade deal between America and China helped boost stocks.

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