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Dow Jones index breaks 29,000 for first time ever

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Dow Jones index breaks 29,000 for first time ever

The Dow Jones industrial average broke 29,000 for the first time ever Friday, even as new employment data showed disappointing jobs growth.

The blue-chip index hit an all-time, intraday high of 29,009.07, marking a nearly 0.2 percent increase from Thursday’s close, before falling 0.46 percent, or 133.13 points, to close at 28,823.77.

The milestone came despite Friday’s monthly jobs report showing slowing employment growth, with the US economy adding 145,000 gigs in December.

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from The Dow Jones industrial average broke 29,000 for the first time ever Friday, even as new employment data showed disappointing jobs growth.

The blue-chip index hit an all-time, intraday high of 29,009.07, marking a nearly 0.2 percent increase from Thursday’s close, before falling 0.46 percent, or 133.13 points, to close at 28,823.77.

The milestone came despite Friday’s monthly jobs report showing slowing employment growth, with the US economy adding 145,000 gigs in December.

More
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