You are here

Dow tops 20,000 as earnings feed rally; bonds fall

Strong corporate earnings lift investors' optimism in economic growth; rising bond yields boost higher bank lending margins

New York

THE Dow Jones Industrial Average climbed past 20,000 for the first time as stocks around the world extended a rally after corporate earnings reignited investors' optimism in economic growth. Bonds sold off with oil.

The index for American blue chips took the round-number...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes