The Business Times

US: Dow tops historic 20,000

Published Wed, Jan 25, 2017 · 02:41 PM
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[NEW YORK] The Dow Jones Industrial Average traded above 20,000 for the first time on Wednesday, resuming a rally that began in the wake of US President Donald Trump's election victory.

The rally was reignited by Trump's signing of numerous executive orders since his inauguration on Friday.

The index came within a point of the historic level on Jan 6, as investors banked on pro-growth policies and tax cuts from the new administration.

REUTERS

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