Investors are feeling confident about the future of business with President Trump at the helm. The stock market is on a bullish run and has been hitting news highs each day for the past five days.
According to Market Watch, stocks have done something they haven’t done in more than twenty-five years — the Dow industrials, the S&P 500, and the Nasdaq all closed at record levels for the fifth session in a row.
On Wednesday, the Dow Jones Industrial Average closed at a record 20,611.86; the S&P 500 finished at a record 2,349.25; the Nasdaq closed at a record 5,819.44.
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The last time all three benchmarks closed at records for five consecutive sessions was back on Jan. 2, 1992.
President Trump tweeted about the stock market on Wednesday: “Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism – even before tax plan rollout!”
Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism – even before tax plan rollout!
— Donald J. Trump (@realDonaldTrump) February 16, 2017
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