125 Years of Change in the U.S. Economy—and the Dow

How the Business World Has Been Transformed, From the Democratization of Capital to the Rise and Fall of Labor

125 Years of Change in the U.S. Economy—and the Dow – WSJ.

 

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Dow Closes Above 17,000 as Stock Rally Outpaces Economy

The stock market, continuing a remarkable ascent that began in the darkness of the last recession, surged past a milestone on Thursday after a strong jobs report indicated that the economy might finally be gaining steam.

The Dow Jones industrial average, which measures the share price performance of 30 blue-chip companies, broke through 17,000 for the first time. It closed at 17,068.26, up 92.02 points, or 0.54 percent. The Standard & Poor’s 500-stock index, a broader yardstick, finished the day within striking distance of 2,000, closing up 10.82 points, or 0.55 percent, at 1,985.44, a record.

Dow Closes Above 17,000 as Stock Rally Outpaces Economy – NYTimes.com.