{"id":14200,"date":"2018-01-04T13:43:00","date_gmt":"2018-01-04T21:43:00","guid":{"rendered":"http:\/\/associatednews.info\/content\/stocks-continue-a-winning-streak-dow-industrials-now-over-25000\/"},"modified":"2018-01-04T13:43:00","modified_gmt":"2018-01-04T21:43:00","slug":"stocks-continue-a-winning-streak-dow-industrials-now-over-25000","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/stocks-continue-a-winning-streak-dow-industrials-now-over-25000\/","title":{"rendered":"Stocks Continue A Winning Streak; Dow Industrials Now Over 25,000"},"content":{"rendered":"

By Jim Zarroli<\/a><\/span> <\/p>\n

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\n The Dow Jones industrial average closed above 25,000 Thursday for the first time.<\/p>\n

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Mark Lennihan\/AP<\/p>\n

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Mark Lennihan\/AP<\/p>\n

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The Dow Jones industrial average finished above 25,000 for the first time, as the long rally in stock prices showed no signs of letting up.<\/p>\n

A strong report about hiring from payroll processor ADP helped push stocks higher. Financial stocks did especially well, and an increase in oil prices has benefited the energy sector.<\/p>\n

The Dow finished the day at 25,075, a gain of 0.61 percent. Both the Nasdaq composite index and the Standard and Poor’s 500 index also finished at record highs.<\/p>\n

Last year turned out to be the best for the market since 2013, with the Dow climbing more than 25 percent. It rose 4,000 points over the last 10 months.<\/p>\n

“It was the first year in history where you saw every single month up,” said Liz Ann Sonders, chief investment strategist at Charles Schwab.<\/p>\n

Sonders attributes much of the surge in prices to broad economic factors, including low interest rates and healthy growth.<\/p>\n

“I think the turn in earnings and the strength in global growth was enough to propel the market, and then the longer-term story has been just massive liquidity, courtesy of the central banks,” she added.<\/p>\n