Wednesday, January 25, 2017
INDU Dow Industrials 2-Minute Chart; DOW PRINTS 20,000 FIRST TIME IN HISTORY
At 9:30 AM EST, US stocks begin trading and the Dow Industrials print over 20,000. It took only 64 days (42 trading days) for the Dow to move from 19K to 20K the second fastest pace on record for the whole numbers. The fastest move was when the Dirty Thirty ran from 10K to 11K. Traders are donning Dow 20K hats. The trading floors are alive with a party and festive atmosphere. Radio, television and internet news outlets are touting the Dow 20 milestone. Traders are now watching to see if SPX 2.3K prints.