Feedback at 5:00: Dow's Record High - Northern Michigan's News Leader

Feedback at 5:00: Dow's Record High

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The opening bell rang this morning at the New York Stock Exchange and trading skyrocketed.

The Dow Jones Industrial Average climbed 100 points quickly into territory it has never seen before.

Stocks have rallied this year on optimism that the housing market is recovering, and that companies are slowly starting to hire again.

Strong corporate earnings have also helped increase demand.

The market has also benefited from economic stimulus from the Federal Reserve and other global central banks.

This is all happening despite budget uncertainty in Washington, D.C.

For tonight’s “Feedback at 5:00” how do you feel about the sudden leap into higher territory on Wall Street?