Shortly after the December jobs report was released, showing continued record lowe unemployment rates and 145,000 news jobs added to the economy, the Dow Jones Industrial Average hit a record high of 29,000, with an increase of 48 points.
The S&P 500 went up 0.2% while the Nasdaq Composite climbed 0.3%. The markets are on the steady uptick, as 2020 seems to be fruitful for the markets as there is higher confidence with President Trump scheduled to sign a trade deal with China next week and Iran backing down after the United States took out terrorist General Qasem Soleimani.
President Trump tweeted about the massive achievement, writing, “The best is yet to come!”