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US: Dow hits 25,000 points for 1st time on US hiring data

[NEW YORK] The Dow shot above 25,000 points for the first time Thursday as strong US private-sector hiring data extended a stocks rally in the wake of enactment of US tax reform.

About 10 minutes into trading, the Dow Jones Industrial Average stood at 25,035.74, up 0.5 per cent.

The broad-based S&P 500 gained 0.4 per cent to 2,722.61, while the tech-rich Nasdaq Composite Index advanced 0.4 per cent to 7,082.08. Both the S&P 500 and Nasdaq also added to Wednesday's records.