The latest rallies in the Dow Jones Industrial Average have placed the stock market benchmark firmly above the 26,000 handle. This break of key psychological resistance suggests that the latest moves are the strongest since the Presidency of Franklin Delano Roosevelt (FDR).
The stock market closed higher in all three of the major benchmarks, further strengthening the concept that investors are responding well to the pro-growth agenda that has been promoted by the US leadership under Donald Trump.