Categories: U.S. Investing

Dow Jones Reaches Record Closing Value

Dow Jones Reaches Record Closing Value (Bloomberg)

U.S. Federal Reserve officials confirmed further stimulus efforts due to current economic weakness, causing investors to enter the markets and pushing the Dow Jones Industrial Average to a new record closing high of 15,746.88. “The central bank has decided they will reward risk behavior and that’s what we’re going to get,” Bill Mann, chief investment officer at Motley Fool Asset Management in Alexandria, Virginia, said. “The market will keep hitting their highs until the stimulus reverses itself.”

Daily Data Flow

Recent Posts

Sample Weekday Wrap/Closing Comments

This content is for paid subscribers only. To gain access subscribe to one of our…

2 months ago

Soft Landing Premise Still Driving Bullish Narrative

It is hard to find a seasoned investor who doesn’t believe the stock market is…

6 months ago

Are You Prepared for the Next Market Collapse?

No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…

1 year ago

Options Industry Council (OIC) – What is It?

The Options Industry Council is a resource used to educate investors about the benefits and…

1 year ago

Put-Call Parity – Defined and Simplified

The put-call parity is the relationship that exists between put and call prices of the…

1 year ago

Three Cheers for the Magnificent Seven

“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…

1 year ago