Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

Dow Jones industrials breach 24,000 in broad market rally

NEW YORK (AP) —Investors are exuberant and for good reason: the global economy is strong, corporate earnings are solid, Washington appears closer to delivering lower taxes on corporations and is signaling less restrictive oversight of the financial sector.

 

December 1, 2017



NEW YORK (AP) —Investors are exuberant and for good reason: the global economy is strong, corporate earnings are solid, Washington appears closer to delivering lower taxes on corporations and is signaling less restrictive oversight of the financial sector.

Thanks to that enthusiasm, Wall Street finished November with a broad rally that gave the Dow Jones industrial average its biggest gain since March and pushed it past the 24,000 mark for the first time.

Other market indicators also reached milestones on Thursday. The Standard & Poor’s 500 index, which is widely followed by professiona...



For access to this article please sign in or subscribe.



 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017

Rendered 12/16/2017 05:47