Dow closes above 18,000 for the first time following positive GDP report The Dow Jones Industrial Average passed 18,000 for the first time on Dec. 23. At mid-day, the Dow Jones was at an all-time high of 18,044, up 85 points, The 0.5 percent jump was triggered by the news that the U.S. economy expanded in the third quarter at its fastest pace in more than a decade. The gross domestic product grew at an annual rate of 5 percent during the July-September quarter, according to the third estimate by the Bureau of Economic Analysis. In the second quarter, real GDP increased…
Posted on: Wed, 24 Dec 2014 13:57:53 +0000
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