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By Robert Donachie
The Dow Jones Industrial Average breached 21,000 for the first time in its history Wednesday morning, coming off the heels of President Donald Trump’s first address to Congress Tuesday.
The benchmark index sits at 21,040.82 as of 9:58 a.m. EST Wednesday morning. The rally is led by surging prices of bank, credit, and pharmaceutical stocks.
The Dow experienced its 12th straight record close Tuesday as investors eagerly anticipated the president’s speech. Wednesday morning’s rally could be an indication that investors took well to the president’s message.
More to come…
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