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Wall Street Flying High: Dow Nudges Above 23,000 For First Time

NPR
Published October 18, 2017 at 12:12 PM EDT
A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange (NYSE) on Oct. 17, 2017 in New York City. (Spencer Platt/Getty Images)
A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange (NYSE) on Oct. 17, 2017 in New York City. (Spencer Platt/Getty Images)

The Dow Jones industrial average surpassed 23,000 for the first time Tuesday. President Trump has celebrated his role in the stock market’s growth since the election, but its acceleration has also stirred fears that the country is approaching the end of another bubble.

Here & Now’s Jeremy Hobson discusses the latest Dow milestone with Diane Swonk (@DianeSwonk) of DS Economics.

Copyright 2021 NPR. To see more, visit https://www.npr.org.