Dow Roars Past 25,000 as 2-Year Rally Rolls On
The Dow Jones industrial average on Thursday broke past 25,000 points for the first time, setting a record
for the 132-year-old index as economic growth prospects continued to power rises for major stock markets.
In the December round of economic projections, the median forecast of Federal Reserve officials was
that the United States economy would grow 2.5 percent this year, up from a previous estimate of 2.1 percent.
Other major indexes have also reached all-time highs in recent days, including the Standard & Poor’s 500-stock index and the Nasdaq composite.
