The last occasion on which the three main indicators marked maximum on the same day was the 13th of December.
From the 8th of November, the DJIA has broken a record 18 times. Photo File: Reuters
Since march of 1999, the Dow Jones Industrial Average (DJIA, for its acronym in English) was admitted to the floor of the 10,000 units.
Now, 18 years later the DJIA, which includes 30 companies in the united States, rose from floor to 20,000 units, which marked a new historical maximum.
"At this time, we are in a bull market (bull market), which means that investors are happy with the current state of the economy. Unfortunately, the market can’t stay this way forever," explained Scott Steinhardt, editor-in-chief of StockTwits, through an article
"The upcoming decisions of president Donald Trump, or the Federal Reserve can and probably will do that some investors leave the market in the near future. Until then, the Dow will continue to break records", added Scott Steinhardt.
Returns the bullish run
The DJIA is ranked 20,068.51 points and recorded its best advance daily in 2017; gained 0.78%, compared with the Tuesday close.
The actions of the radio stations that most pushed the DJIA the day were: Boeing (+4.49%); Caterpillar (+1.93%); JP Morgan Chase (1.68%); Apple (1.67%) and Goldman Sachs (1.47 percent).
Together with the Dow Jones, the S&P 500 and the NASDAQ also marked historic levels. The last time they were the three indicators in the record on the same day was the 13th of December.
The S&P 500 gained 0.80% and stood at 2,298.37 units; the NASDAQ rose 0.99% to 5,656.34 points.
The new maximum are given on the same day that Trump signed a couple of acts to build a wall on the border between Mexico and the united States, creating centres to detain migrants and to reactivate a program of deportations.
The signature of the decrees is given on the same day that Luis Videgaray, secretary of Foreign Affairs, and Ildefonso Guajardo, the head of the Secretariat of Economy, they are in Washington DC to start talks on security, trade and migration with the new american administration.
Enrique Peña Nieto, president of Mexico, will meet with Donald Trump on January 31.
Two months unforgettable
During his campaign, Donald Trump made 282 promises, according to The Washington Post.
they include cutting taxes, regulations in the automotive sector, to create 25 million jobs and put in place a plan for infrastructure to $ 1 trillion.
"After the elections in the united States, the u.s. markets have shown to be very optimistic ( … ), and the trend is that the market continue optimistic in the coming months," announced Scotiabank, through an analysis.
Since Trump won the elections in the united States, on the 8th of November, the DJIA has gained 9.47% and has scored 18 historic highs.
In the same period, the S&P 500 has risen to 7.42% and has achieved 13 world records. The NASDAQ has advanced 8.91% and has established 16 times in records.
"it Is important to mention that to continue in this way (at historical highs), we could observe a decision of utilities rough in the short term", released See More (BX+), through an analysis.
mario.calixto@eleconomista.mx
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