Dow Hits 29,000 For First Time, Despite Sluggish Jobs Report And Ongoing Tensions With Iran

The stock market hit a new milestone on Friday.

With stocks rising to new record highs on Friday, the Dow Jones Industrial Average surged past the 29,000 mark for the first time ever, as investors shrugged off a weak jobs report and the ongoing geopolitical tensions with Iran.

into 2020. The Dow, S&P 500 and Nasdaq indexes all gained more than 20% in 2019, and all three are already up several percentage points this year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook's stock hits record high, signaling recovery after extended historic slumpShares of Facebook , which have been doggedly crawling their way back from a his...
Read more »

Next stock market crash: Investor euphoria hits financial crisis level - Business InsiderA gauge of stock-market euphoria is surging past the highs it reached before the 2008 financial crisis — and it's convinced one Wall Street bull that a meltdown is near
Read more »

Dow briefly tops 29,000 milestone as stocks extend push into record territoryThe Dow Jones Industrial Average extended a small gain Friday to briefly trade above the 29,000 milestone for the first time. The blue-chip hit an all-time...
Read more »

Dow soars past 29,000 for first time, brushing off weak jobs reportBREAKING: Dow soars past 29,000 for first time; crossed the 28,000 mark just 37 days ago.
Read more »

Dow breaches 29,000 for the first time as investors shake off weak December jobs reportStocks rose to record highs on Friday despite weaker-than-expected jobs data as Wall Street concluded a volatile week chalk full of geopolitical concerns.
Read more »

Dow set to test 29,000 as Wall Street awaits key jobs reportU.S. stocks look likely to carve out fresh records on Friday, and the Dow industrials may trade at the psychologically significant level of 29,000 for the first time ever, as investors awaited the monthly employment report, a data point that could influence market moves for the day.
Read more »