Fred Imbert | @foimbert
The Dow Jones industrial average rose about 70 points, closing above 19,000 for the first time ever, with Home Depot contributing the most gains.
“What we’re seeing is a shift in the sectors that are participating” in this rally, said Quincy Krosby, market strategist at Prudential Financial. “It hasn’t been parabolic in some sectors.”
The S&P 500 closed over 2,200 for the first time, as telecommunications rose about 2.1 percent to lead advancers. The Nasdaq composite also closed at all-time highs, rising approximately a third of a percent.
“A Trump presidency is going to ruin the economy” …ha ha ha….