Jones: Dow Jones and Points

jones: The record was set with more of a whimper than a roar, according to The Guardian. The S&P 500 dipped 1 point to 2,861 for the day while the Dow Jones Industrial Average fell 88 points, or 0.3%, to 25,733, and the Nasdaq composite rose 29 points, or 0.4%, to 7,889. The S&P 500 share index, tracking the 500 biggest public companies in America, closed trading on Wednesday having gone 3,453 days nearly nine and a half years without a fall of 20% or more, which is the measure used by some analysts for handing it the status as the longest bull market in US history. But records were set nonetheless. Although there have been numerous wobbles in the past 10 years, including a sharp correction earlier this year, when S&P fell 10% over two weeks after its January high, the milestone comes with help from corporate tax cuts and the rise of internet companies such as Apple, Amazon and Google's owner, Alphabet. Having started in March 2009, following the financial crisis, the longest market rally comes as the global economy continues its recovery from the depths of the last recession. (news.financializer.com). As reported in the news.