Breaking: Dow Closes Week Setting New Record Not Seen in over 80 Years

H/T Western Journal.

The DemocRats have plans that would undo all of the gains the market and economy have picked up.

The Dow Jones Industrial Average closed up more than 73 points Friday, putting a close to a successful June the likes of which had not been seen since prior to World War II.

The Dow closed at just under 26,600, according to CNBC.

Greta Wall

@GretaLWall

Major indexes close higher on final trading day of June.

DOW +0.27%, NASDAQ +0.48%, S&P 500 +0.56%

75 people are talking about this

While Friday’s individual gains were moderate, it was a historic month overall for the Dow.

As CNBC noted: The Dow “rallied 7% this month, notching its best June performance since 1938, when it surged 24.3%.”

The Dow wasn’t the only index that did well this month.

The S&P 500 was up roughly 6.2 percent this month, making it the index’s best June showing since 1955, according to Fox Business.

Overall, the S&P “posted its best first half of a year since 1997, soaring 17% and reaching an all-time high,” according to CNBC.

View image on TwitterView image on Twitter

CNBC’s Closing Bell

@CNBCClosingBell

FINAL HOUR OF THE DAY!
– The Dow is on pace for its best first half of the year since 1999
– The S&P 500 is having its best first half since 1997
– The Nasdaq is on track for its best first half since 2003

See CNBC’s Closing Bell’s other Tweets

Greta Wall

@GretaLWall

Major indexes close higher on final trading day of June.

DOW +0.27%, NASDAQ +0.48%, S&P 500 +0.56%

Greta Wall

@GretaLWall

Wall Street logs best June in decades.

DOW +7.2% in June — best since June 1938

NASDAQ +7.4% in June — best since June 2000

S&P 500 +6.9% in June — best since June 1955

17 people are talking about this

So what’s behind the market’s recent gains?

“Drivers [of the rally] would be a change in the perceived trajectory for monetary policy, coupled with a bit of optimism in renewed negotiations with China,” Stephen Guilfoyle, president of the trading firm Sarge986 LLC, told Fox Business.

At least one pundit gave the credit to President Donald Trump.

“Donald Trump’s June,” Turning Point USA’s Charlie Kirk wrote before the market closed.

Charlie Kirk

@charliekirk11

Donald Trump’s June:

Border crossings are down 25% thanks to Trump-Mexico immigration deal

The DOW is on track for its best June since 1938

Historic 2020 campaign launched, raises more than DNC has on hand in one night

What have Democrats accomplished this month?

🤔

3,609 people are talking about this

“What have Democrats accomplished this month?” he asked.

Author: deplorablesunite

I am a divorced father of two daughters. I am a Deplorable.

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