Dow Surges Past 25,000 as Trump Bull Market Charges Into 2018

It’s a new year and an old pattern in equities, with the Dow Jones Industrial Average sailing past 25,000 for the first time as the bull market rages on.  Gains in companies from Boeing Co. to Wal-Mart Stores Inc. lifted the blue-chip index past the first round-number level of this year after breaching five similar milestones in 2017.  The gauge broke out of sideways trading in the last two weeks of 2017 as better than expected manufacturing and private payrolls data in the U.S. fueled bets a growth pick-up and tax breaks will buttress earnings.
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