All the turmoil in Washington isn’t bothering Wall Street in the least bit.
The Dow, S&P 500 and Nasdaq soared to record highs on Wednesday, the fifth-straight day of all-time highs.
It’s the first time all three major market averages have achieved that feat since January 1992, according to a FactSet analysis provided to CNNMoney.
“It’s downright remarkable, especially because following the news out of Washington is downright depressing,” said Ed Yardeni, president of investment advisory Yardeni Research.
The Dow has skyrocketed an incredible 2,279 points since the presidential election. Wall Street has celebrated President Trump’s stimulus plans as well as strength in the American economy.
Read More: http://money.cnn.com/2017/02/15/investing/stock-market-record-trump/index.html
Source: CNN (16 February 2017)