Business
Dow Crosses 50,000 Level
The blue-chip index was up about 1,100 points, or 2.2%. The S&P 500 was up 1.8%. The Nasdaq Composite rallied 1.9%.
“I do think it’s important to see the DJIA hit 50,000,” Frank Cappelleri, founder of technical analysis firm CappThesis, tells Barron’s. “There’s obvious round-number significance (especially being halfway to 100k), which naturally draws attention and deservedly so. But just as important is how the Dow has gotten here.”
You must be logged in to post a comment Login