5 Economic Triumphs for the US Under Trump

By Anugrah Kumar, Christian Post Contributor
Saturday, January 06, 2018

1) Stock Market Surpasses 25,000 for First Time

A Snapchat sign hangs on the facade of the New York Stock Exchange in New York City, U.S. on January 23, 2017. | (Photo: Reuters/Brendan McDermid/File Photo)

The Dow Jones passed the 25,000 mark Thursday thanks to faster economic growth around the globe and improving sentiment from consumers and businesses, The Wall Street Journal reported.

"The turn of the calendar year doesn't change the dynamics of economic growth and earnings growth," Kate Warne, investment strategist at retail brokerage Edward Jones, was quoted as saying. "We shouldn't be surprised that markets continue to move higher because fundamentals continue to be positive and investor optimism is actually improving rather than investors becoming more cautious."

On Wednesday night, Trump tweeted, "Stock Market had another good day, but now that the Tax Cut Bill has passed, we have tremendous upward potential. Dow just short of 25,000, a number that few thought would be possible this soon into my administration!"

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