The Dow Jones Industrial Average scored a new record high as it breached 29000 for the first time today, 9th January 2020. This comes after a volatile trading week amidst rising geopolitical tensions with Iran.
Dow surge
Index ‘invincible’ surged ahead again despite disappointing jobs data released today (9th January 2020) – only to lose gains later to close down at: 28824.
The S&P 500 and Nasdaq surged ahead too but lost momentum at close of trade.
How much higher though can U.S stocks go?