Speed Reads
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.