Dow tops 18,000 as stock market extends record highs; Strong US economic growth

Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time.

Traders have been encouraged by signs of strength in the U.S. economy and reassurances that the Federal Reserve won’t interest rates soon.

There was more encouraging news early Tuesday as the U.S. government reported that the economy powered ahead at a 5 per cent annual rate in the third quarter. That was the fastest pace in more than a decade.

The Dow Jones industrial average rose 43 points, or 0.2 per cent, to 18,003 as of 9:35 a.m. Easter.

The Standard & Poor’s 500 rose six points, or 0.3 per cent, to 2,084.

The Nasdaq rose six points, or 0.1 per cent, to 4,787.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

Related Articles