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Mon, Jun 17 2024

21Globe - January 2018

Wall Street’s love of tax cuts drove Dow to 25,000 mark

WASHINGTON (AP) — Wall Street sure loves the tax bill, even if polls show most Americans don’t. The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump’s $1.5 trillion tax cut. The milestone comes less than a year after the Dow topped 20,000.

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Koreas will meet for talks next week in small breakthrough

SEOUL, South Korea (AP) — The rival Koreas will sit down for their first formal talks in more than two years next week to find ways to cooperate on the Winter Olympics in the South and to improve their abysmal ties, Seoul officials said Friday. While a positive sign after last year’s threats of nuclear war, the Koreas have a long history of failing to move past their deep animosity.

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Dow breaks above 25,000 for first time

(Reuters) - The Dow Jones Industrial Average sailed past the 25,000-mark for the first time on Thursday, while other major indexes rose to new highs after a strong private jobs report added to a bullish sentiment from indications of robust growth in major economies.

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