The new normal for the Dow Industrial average seems to be hovering around15,000 points. U.S. markets were down slightly this morning but still trading above the 15,000 mark.
The Dow broke another record yesterday and is now on its longest record-breaking streak — six days — since 1998. And while that sounds great, one man is not happy.
The Dow Jones Industrial Average has hit yet another all-time high — and the world is following suit. Global shares are at their highest level since June of 2008, thanks to strong market performance in France, Germany, the U.K., and Japan.
The Dow Jones Industrial Average is widely cited but has limitations as a market index. It doesn't take into account the size of companies, only their stock price.
The Dow posted another record high this morning. The surge came on the heels of a new report from the payroll processing company ADP, which showed that private employers added 198,000 jobs in February.