Dow tops historic 20,000 mark

The major stock index on Wall Street has touched a symbolic record high for the first time, as the post-Trump election rally reignites.

Specialist Mario Picone adjusts his Dow 20,000 cap — The major stock index on Wall Street has touched a symbolic record high for the first time. (AAP)

1 min read

Published 26 January 2017 7:34am

Source: AAP

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The Dow Jones Industrial Average has traded above 20,000 for the first time, resuming a rally that began in the wake of US President Donald Trump's election victory.

The rally on Wednesday was reignited by Trump's signing of numerous executive orders since his inauguration on Friday.

The index came within a point of the historic level on January 6, as investors banked on pro-growth policies and tax cuts from the new administration.

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