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Could the Dow hit 25K before 2018?

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Fox Business
December 30, 2017

The Dow Jones Industrial Average settled in negative territory mid-day Friday, making it highly unlikely that the major U.S. stock index will close the year breaching another 1,000 point milestone.

The U.S. markets are having a lackluster final week of trading before the year ends, but the Dow still had another record-high close on Thursday. Mid-day Friday, the Dow was fractionally lower and about 200 points away from the 25,000 point milestone.

The Dow and the Russell 2000 posted modest advances to close at record-highs on Thursday. This was the Dow’s 71st record-high finish of 2017, and the Russell 2000’s 31st.

Even though the stock indexes are lower, on the final trading day in December, the Dow and the S&P 500 are on track to finish higher for the ninth-straight month. It’s the longest winning streak for the Dow in almost 60 years, and the S&P in more than 34 years.

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This article was posted: Saturday, December 30, 2017 at 5:21 am

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