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Dow Jones takes a step closer to 40k
Some while back I ran an update here noting the potential for the Dow Jones to push towards and perhaps rise above 40k. Well, yesterday the index took another step closer to achieving that, when it posted its first ever daily close above 39k. The gains in the S+P and Nasdaq 100 indexes of course helped to propel the Dow higher and in percentage terms it did gain the least of the 3 main indexes. Nevertheless, it still managed to pile on 456 points by the close and that close was set at 39,069. Earlier the index had reached a new all time high at 39,149. Overnight the Dow Jones futures are a little higher and right now pricing a reopening at around 39,090
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