Dow Jones tops 26000 for first time as stock market boom continues

The trading floor is seen on the final day of trading for the year at the New York Stock Exchange in Manhattan New York

The S&P 500 rose 0.5 percent to 2,801.35 in its first trip past that milestone. The Journal notes that the records keep falling faster: The Dow took only 23 trading days to hit 25,000 from 24,000 on January 4, and the previous 1,000-point milestone (which actually happened twice: getting to 11,000 and 21,000) took 24 trading days. It measures the daily stock price movements of 30 large, publicly-owned USA companies.

The pan-European FTSEurofirst 300 index lost 0.09 percent and MSCI's gauge of stocks across the globe gained 0.19 percent.

US long-dated Treasury yields fell along with those of European bonds, following the report that the ECB was not quite ready to put away its bond-buying plan. Copper was little changed at $3.22 a pound. Eastern Time Tuesday, according to the tracking site CoinDesk.

Its shares added 85 cents to $44.92.

Energy stocks also declined following a drop in crude oil prices.

The monthly unemployment rate has held at a 17-year low since October, while gross domestic product, a broad measure of goods and services produced across the USA, has been expanding at a rate of more than 3% in recent months.

The price of bitcoin slumped, deepening its slide this year, after South Korea's top financial policymaker said that banning trading in digital currencies was an option.

Brent crude, used to price worldwide oils, shed 84 cents to $69.42 in London.

'Padmaavat' to release in Uttar Pradesh; not in Gujarat & Madhya Pradesh
And this could pose a problem for the two films that will roll out in theatres during the extended Republic Day holiday weekend. Currently, " Padmaavat's " only competition at the box office is Akshay Kumar's PadMan , produced by Twinkle Khanna.

But while the market's run-up over the a year ago is no doubt impressive, each thousand-point gain becomes less statistically significant as the market climbs. Bitcoin futures on the Cboe Futures Exchange settled 19.9 percent lower at $11,055. The euro strengthened to $1.2271 from $1.2181.

The price of the digital currency, which soared a year ago after starting the 2017 under $1,000, has been hurt amid signs of potentially increased scrutiny from governments.

Sydney's S&P-ASX 200 shed 0.5 percent.

Qualcomm led the pack, rising $2.14, or 3.3 percent, to $67.52. The blue chip FTSE 100 index ended down 0.28 per cent.

Tokyo's Nikkei 225 added 1 percent, while Hong Kong's Hang Seng jumped 1.8 percent.

WELLINGTON: The S&P/NZX50 Index gained 0.5 per cent to 8250.54.

The Nasdaq composite rose 22 points, or 0.3 percent, to 7,281.

Related News:

  • Chelsea in shock Carroll link

    However, Conte does not want to confirm the loan deal until he has been able to add to his own squad in the transfer window. However, Batshuayi's current employers Chelsea aren't keen to let him leave unless a replacement is secured first.
    All signs continue to point to Matt Patricia as next Lions coach

    All signs continue to point to Matt Patricia as next Lions coach

    Patricia will reunite with Lions general manager Bob Quinn- the two spent 12 years together in New England from 2004-2015. The Lions fired Jim Caldwell at the conclusion of their 2017 season, finishing 9-7 and missing the playoffs.
    Britain blames threat of protests as Trump cancels London trip

    Britain blames threat of protests as Trump cancels London trip

    But a full-blown state visit replete with golden carriages and pomp has been deferred amid the threat of huge anti-Trump protests. But Johnson accused Khan and Labour leader Jeremy Corbyn of damaging U.S. -Britain relations with their vocal criticism.
  • Rahul Gandhi should shun negative politics, says UP CM Adityanath

    Rahul Gandhi should shun negative politics, says UP CM Adityanath

    In the poster Rahul could be seen carrying a bow and an arrow, pointing towards Prime Minister Modi. Mr Gandhi asked Congress workers to "expose the lies" of the BJP.
    Australian Open: Venus Williams Thrashed By Belinda Bencic

    Australian Open: Venus Williams Thrashed By Belinda Bencic

    For fifth-seeded Venus, it was a first loss in five career meetings with Bencic, who lost to Serena in the first round past year . Stephens has lost all eight matches she has played since beating Madison Keys in the final at Flushing Meadows previous year .
    Plane Skids Off Runway In Turkey Onto Cliff Edge, No Injuries Reported

    Plane Skids Off Runway In Turkey Onto Cliff Edge, No Injuries Reported

    Flight PC8622 was landing at Trabzon Airport on Saturday night from Ankara , Turkey's capital, when it ran off the runway. A passenger plane skid off a runway and barrelled downhill towards the sea on the edge of a cliff in Turkey .
  • Iran rejects Donald Trump's 'determined try' to undermine nuclear deal

    Iran rejects Donald Trump's 'determined try' to undermine nuclear deal

    Trump's latest move casts doubt on the future of the deal, a successful practice of solving a hotspot issue through political and diplomatic means.

    The Indiana Pacers can't stop making comebacks

    LeBron James' run-ins with Lance Stephenson led to a fourth quarter technical foul on James in Indiana's win over Cleveland. Chris Paul was one of six Rockets to score in double figures as he contributed 25 points in a 112-95 win at Phoenix.
    Donald Trump: 'We'll See What Happens' with Steve Bannon

    Donald Trump: 'We'll See What Happens' with Steve Bannon

    Rebekah Mercer released a statement saying, "I support President Trump and the platform upon which he was elected". Cohen told WSJ that Trump denies "any such occurrence".
  • North Carolina woman kills her 2 kids, jumps to death from bridge

    North Carolina woman kills her 2 kids, jumps to death from bridge

    The mother, who police say jumped off an overpass on I-485 shortly afterwards, is the suspect in the case. Christina Treadway worked as a Panthers' gameday employee; her motivation in the killing remains unclear.
    Giants Expected To Hire Shurmur As Next Head Coach

    Giants Expected To Hire Shurmur As Next Head Coach

    The Colts still would have a vacancy, though, and while Wilks has not interviewed with that team, he could be a late candidate. If Shurmur becomes the Giants' head coach, he could return a favor by retaining Spagnuolo as defensive coordinator.
    Czech president leads voting, but will face runoff election

    Czech president leads voting, but will face runoff election

    Security personnel also had to help a visibly rattled 73-year-old Zeman, who walks with a cane, to leave the room. As the results rolled in, analyst Jiri Pehe told AFP that "Zeman will have a huge problem in the second round".


Most liked

Some minority Steelers owners want Mike Tomlin fired
Roethlisberger said on the show he does not have the freedom to audible to a QB sneak in those situations. "Being incredible. If that's the case then it would presumably put the blame on Haley for the fourth-down playcalling against the Jaguars .

Anthony Joshua replies Parker, says 'you are talking trash'
And he said that Klitschko taught him that it will take more than a human to stop him from going where he is going. Joshua isn't even riled by being branded the "King of Steroids" by Parker. "I would just like to say this".

European Union says 'hearts still open' to Brexit reversal
European Parliament leaders today ruthlessly mocked Britain for celebrating the return of the UK's iconic and much-missed blue passport.

Anchorman Will Ferrell grills Federer at Australian Open
The question seemed to stump the 36-year-old, who replied: "Which one's better?" "I was a bit scared", Federer joked. I love coming here", he stated after the victory.

U.S. asks Pakistan to take action against Haqqani network, other terrorist groups
Pakistan accuses India of using Afghan soil for carrying out hostile activities against it, a charge India has dismissed. The minister said Pakistan was being made a scapegoat as the USA was not winning (the war on terror) in Afghanistan.

Luján Addresses Vote On FISA Surveillance Bill
Trump's tweet came soon after a Fox and Friends segment that highlighted the FISA programme, calling it "controversial". Exceptions would apply, such as for murder, kidnapping and other crimes specified in the bill.

Airbus may end production of A380 superjumbo
If Emirates does not order the aircraft, he believes there will be "no choice but to shut down the programme". Emirates, based in Dubai, the United Arab Emirates, did not respond immediately to a request for comment.

Today Is Finally The Day That Paige VanZant Returns To The Octagon
Please do not let me die doing this.' And I had my best friend praying because she didn't know want to do. This led to the UFC prospect being transported to a local hospital after the fight to get treatment.

Astounding crash leaves vehicle hanging out of second storey United States building
Officers will submit a DUI/Narcotics case to the Orange County District Attorney's office, police said. The sedan remained lodged inside a dentist's office until it was removed Sunday morning.

Ending DACA will lead to 'humanitarian crisis,' says Archbishop Gomez
Since September 5, DACA recipients have began to lose their status according to their individual expiration date. Trump has said that any deal to extend DACA must include plans for a wall on the US border with Mexico .

Ford Edge debuts fresh styling at Detroit Auto Show
The midsize Chevrolet Colorado and Toyota Tacoma both notched sales increases past year even though overall USA sales were down. The interior is textbook Ford truck, with a smart looking instrument cluster and familiar center stack.

Homophobic British politician's girlfriend sent shocking racist texts about Meghan Markle
He was responding to a teenage party activist who urged him to publicly call for Marney to have her UKIP membership revoked. The party chairman Paul Oakden told BBC's Sunday Politics that Bolton now had some "difficult decisions" to make.

Flores committed to Espanyol
I'm in a great city and am involved in one of the best leagues in the world. I have a contract and I am honest with the club. 'We feel happy.

State health officials issue warning; latest flu trends "alarming"
The percentage of hospital admissions due to pneumonia also have risen above the 4 percent baseline statewide, officials say. Flu vaccines are available at the health department and at many healthcare providers, urgent care facilities and pharmacies.

Obama Center Going as Poorly as the Rest of Obama's Legacy
The Obama Center as now planned will not provide the promised development or economic benefits to the neighborhoods. The Obama Foundation announced Monday afternoon it no longer plans to do this.