Dow Jones tops 26000 for first time as stock market boom continues

The DOW's bull run continues

GETTYDOW jones just hit an all time high

"If the Dow Jones Industrials rises by a further 1.3% to 26,450 by the close on Friday the headline U.S. index will have generated its best return ever in the first year of any post-war President, something which Donald Trump may well be keen to crow about on Twitter", Mould said, in a note.

General Electric slipped 4.5 percent, extending losses from Tuesday, when it announced more than Dollars 11 billion in charges.

Inflation and interest rates have remained low around the world, helping to fuel the stock market boom, as the biggest countries' central banks pump billions into their economies through quantitative easing.

The S&P 500 closed at 2,802, up nine-tenths of a percentage point, and the Nasdaq composite closed up 1 percent, at 7,298.

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The weather then slowly moved over the northern Midlands and dipped into the central part of the region too. Snow showers still lingering along the coast early this morning but drying out for inland spots.

In the United Kingdom, the FTSE 100 dropped by about 13 points to 7,755.93, as European shares dipped slightly after strong gains in recent weeks.

The Dow Jones industrial average rose 120 points, or 0.5 percent, to 25,910.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.56 percent. Consumer staples rose 1.2% and healthcare added 1%.

Stocks are opening higher on Wall Street as investors return from a long holiday weekend, sending the Dow Jones industrial average above 26,000 for the first time.

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The Nasdaq composite rose 22 points, or 0.3 percent, to 7,281. Microsoft rose 2%. The Dow rose 332 points, or 1.3%, to 26,115.

The Standard & Poor's 500 index rose 6 points, or 0.2 percent, to 2,783.

Energizer Holdings surged 16.5 percent after the company said it will acquire the battery and lighting assets of Spectrum.

The Russell 2000 index of smaller-company stocks picked up 13.69 points, or 0.9 percent, to 1,586.66. Output climbed 0.9% from November, following a revised drop of 0.1% that was originally reported as a 0.2% gain, the Federal Reserve reported. Hong Kong's Hang Seng rebounded from earlier losses to gain 0.3 percent.

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