2018 Starts with a Bang! Dow Breaks 25,000 – Ties Record for Fastest 1,000 Point Jump in History
Guest post by Joe Hoft
2018 is starting off where 2017 left off. The Dow reached 25,000 for the first time in history as the Dow reached new all time highs two of the first three days the market was open.
President Trump’s first year in office resulted in the greatest year in stock market history! The Dow ended up nearly 5,000 points for the year which was the highest increase in the Dow’s more than 100 year history. The Dow reached all-time new highs a record 71 times in 2017, breaking the record for the most all-time highs in a calendar year set in 1995.
At the final bell today the Dow closed at its highest closing amount ever at 25,075. Since the 2016 election the Dow is up almost 37%!
* The Dow increased more than 6,700 points since the November 8th 2016 election when the Dow closed at 18,333. This is the largest point increase in this amount of time in Dow history. This has never happened in the more than 100 years in the Dow.
* The Dow increased more in 2017 than any year ever in Dow history! The Dow ended 2016 at 19,763 and increased nearly 5,000 points. This is the most ever by more than 40% over the next best year ever! (In 2013 the Dow was up 3,472 points.
* Since the election the Dow has surpassed 7 major milestones – 19,000, 20,000, 21,000, 22,000, 23,000, 24,000 and 25,000.
* President Trump’s stock market rally is historical! No President has seen more all time highs (71) in their first year in office than President Trump. No one has seen more all-time highs in a year ever.
* President Trump set the record earlier this year for the most all time closing stock market highs during his first year in office. The Dow has set 90 closing highs since the 2016 election. (As a comparison, President Obama had no stock market highs his entire first term.)
* More than one in four days since the election has ended in a new stock market high.
* The Dow closed above 20,000 on January 25th 2016 and the March 1st 2016 rally matched the fastest-ever 1,000 point increase in the Dow at 24 days that the markets were open or 35 actual days. Today’s rally matched this record.
* The Dow took just 66 market open days to climb from 19,000 to above 21,000, the fastest 2,000 point run ever. The Dow closed above 19,000 for the first time on November 22nd 2016 and closed above 21,000 on March 1st 2017. The previous record was in 2007 when the Dow took nearly three times as long to cover 2,000 points.
* The Dow took just 173 days to surpass the 3,000 point milestone between November 22, 2016 when the Dow surpassed 19,000 and August 2nd, 2017 when the DOW surpassed 22,000. The prior record was in 1999 when the Dow took more than four times as long to reach these heights.
* The Dow surpassed the 23,000 mark on October 18th. This increase of 4,000 points in all-time highs in this amount of time is unheard of in US history!
* On November 30th the Dow broke the 24,000 barrier for the first time ever and today the Dow topped 25,000!
* Since President Trump’s Inauguration on January 20th the Dow is up 26%. (It was at 19,827 at January 20th.)
* President Trump is the only President in US history to oversee two stock market rallies of nine days or more where the markets set new highs each and every day.
* On February 28th President Trump matched President Reagan’s 1987 record for most continuous closing high trading days when the Dow reached a new high for its 12th day in a row!
* Then in early August President Trump reigned over a 9 day stock market rally with each day reaching record highs.
* The S&P 500 and the NASDAQ have both set new all-time highs during this period.
* The US Stock Market has gained more than $5 trillion in wealth since Trump was elected!
* Virtually every major stock index is in record territory.
In nearly every economic indicator the economy is moving in the right direction. If this continues President Trump will sit over one of the greatest, if not the greatest economic boom in US history.
Dow goes from 18,589 on November 9, 2016, to 25,075 today, for a new all-time Record. Jumped 1000 points in last 5 weeks, Record fastest 1000 point move in history. This is all about the Make America Great Again agenda! Jobs, Jobs, Jobs. Six trillion dollars in value created!
— Donald J. Trump (@realDonaldTrump) January 5, 2018