Dow Jones hits massive record in the US

The Dow Jones reached a record 17,000 for the first time in history yesterday.

The Dow Jones Industrial Average, often known as the “Dow Jones”, “Dow 30” or just “The Dow”, is a US stock market index, with 30 of the US’s top companies.

The rise was sparked by a report showing 288,000 more jobs had been created in the US in June. Surges in markets often show confidence of investors in certain markets – in this case, it could reflect confidence in the US’s economic recovery.

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