Dow hits 20,000 as Trump and earnings reignite rally | Reuters

The Dow Jones Industrial Average was higher in midday trading after hitting 20,000 for the first time on Wednesday as strong earnings and President Donald Trump’s pro-growth initiatives reignited a post-election rally.Trump has made several business-friendly decisions since taking office on Friday, including signing executive orders to reduce regulatory burden on domestic manufacturers and clearing the way for the construction of two oil pipelines.The S&P 500 and the Nasdaq Composite indexes also hit record intraday highs, amid gains across sectors.

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