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Dow Passes 23,000 as Market Momentum Remains Unbroken: Chart
The Dow Jones Industrial Average topped 23,000 for the first time.
18 Oct 2017, 12:56 AM IST 
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)
(Bloomberg) -- The Dow Jones Industrial Average topped 23,000 for the first time, its sixth round-number milestone reached in the past 12 months and the fifth since Donald Trump was elected president 11 months ago. The 1,000-point climb from 22,000 took only 76 days amid a synchronized advance in the global economy with only tepid inflation that has enabled central banks to leave stimulus in place. Stocks are rallying even as political risks persist from Spain to North Korea and Washington.
To contact the reporter on this story: Richard Richtmyer in New York at rrichtmyer@bloomberg.net.
To contact the editors responsible for this story: Arie Shapira at ashapira3@bloomberg.net, Sophie Caronello