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Tuesday, April 23, 2024
HomeNewsEconomyDow Closes Above 22000 for the First Time Ever

Dow Closes Above 22000 for the First Time Ever

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. (Photo: Reuters)
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. (Photo: Reuters)

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. (Photo: Reuters)

The Dow Jones Industrial Average (INDEXDJX:.DJI) closed above 22,000 for the first time in history, gaining 52.32 points, or 0.24% to 22,016.24. Last week it was Boeing Company and this week it’s Apple Inc. (NASDAQ:AAPL), gaining 7.09 points, or 4.73% to 157.14.

Shares of Apple surged as high as $59.75 per share on Wednesday after releasing third-quarter earnings after markets closed on Tuesday.

The Dow has now gained 2,282.11 points, or 11.57% since January 20, 2017, the day President Donald J. Trump was sworn in as President of the United States.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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