Dow Sets 100th Record Close Since Trump Was Elected

Tim Pearce | Energy Reporter

The Dow Jones Industrial Average hit an all-time high Thursday, the 100th such time since Trump was elected in November 2016.

The Dow closed at 26,656.98 after jumping 251.22 points, a .95 percent increase, before closing. The S&P 500 also hit a record-breaking mark, gaining 22.8 points throughout the day to close at 2,930.75, Fox Business reports. (RELATED: US Economy Adds 201,000 Jobs In August, Outpaces Expectations)

The Dow’s Thursday record is the first all-time high the stock index hit since January.

American consumers’ confidence in the economy seems to be hitting a historic high, as well. The Bloomberg Consumer Comfort Index leapt to a 17-year high earlier in September.

The Bloomberg index measures Americans’ views of the economy, personal finances and their confidence in investing in big-ticket items, such as cars and houses.

The records reflect overall strength in the stock market despite tariff threats and retaliations in ongoing U.S. and China trade negotiations. The Trump administration plans to impose an additional $200 billion worth of tariffs on China Sept. 24.

Follow Tim Pearce on Twitter

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.
Tags : china donald trump dow jones industrial average
© Copyright 2010 - 2018 | The Daily Caller