The Dow hitting 20,000 is 'fake news'
![US President Donald Trump has welcomed the Dow hitting 20,000, but the milestone has little meaning for many investors.](/content/dam/images/g/t/v/q/f/o/image.related.afrIndexLead.320x210.gtz744.png/1485404942129.jpg)
The Dow hitting 20,000 doesn't matter to most investors, but the fate of the Trump trade does.
The Dow hitting 20,000 doesn't matter to most investors, but the fate of the Trump trade does.
The milestone is worth marking, but there are peculiarities about this rally that investors shouldn't miss.
The Dow surged to its highest ever, powered in part by optimism about President Donald Trump's evolving pro-business agenda.
The Dow Jones Industrial Average climbed past 20,000 for the first time, bolstered by corporate results and economic bets.
New records on Wall Street and soaring metals prices pushed the local sharemarket higher on Wednesday.
Some prominent US fund managers are betting that Obamacare may prove far more difficult to replace.
The US factory sector had a bumper start to 2017 and BlackRock boss says Trump's one-off tax cut could help business.
The S&P; 500 and Nasdaq set record highs overnight in a broad rally led by financial and technology stocks.
A conventional wisdom is taking root that Trump's tweets move stock prices in predictable ways. The reality isn't so clear.
The sharemarket took news of the US quitting TPP in its stride, rising strongly on the back of rallying iron ore futures.
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