Speed Reads

Bull run

Dow hits 25,000 for the first time

The Dow Jones Industrial Average surged past 25,000 in Thursday morning trading, the first time that threshold has ever been crossed. A sunny outlook for global growth and surprisingly strong U.S. economic data powered the bull market to yet another record after a historic 2017. While many investors see no sign of the market turning bearish, others are less sanguine; MarketWatch reported Thursday that some analysts are warning that the skyrocketing market is due for a "melt-up." Read more at MarketWatch and Bloomberg.