The Dow Jones Industrial Average on Thursday surged above 25,000 for the first time, carving out a fresh intraday record, but also notably on track to notch its fastest climb to such a milestone ever. The blue-chip benchmark is on pace to post a close above 25,000 in a blistering 23 trading days, which would represent the fastest rally to such a mark, outpacing the 24 sessions it took to ascend to 21,000 last March and the move to 11,000 back in May of 1999. The Dow most recently was up more than 172 points, or 0.7%, at 25,094. The S&P 500 index rose 0.5% at 2,726, while the Nasdaq Composite Index climbed 0.2% at 7,081.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News