New York City Ballet's sugar plum fairy opened NYSE trading on Christmas Eve. And Santa sent some upbeat economic data to carry US stocks to further alltime highs.
Stock investors are in celebratory mood as no other asset class is doing better than equities these days. As the bull run continues breaking all-time highs virtually every week, DW's Lars Halter sees clouds emerging.
Stocks on Wall Street have opened higher as financial markets have put behind the nervousness that had beset them after Donald Trump's election victory. Investors were surprisingly upbeat also in other world regions.
What a historic moment on Wall Street! The Dow Jones industrial index cleared the 20,000-point threshold for the first time ever. DW's Rolf Wenkel asks to what extent Donald Trump can be credited with that.
Following Donald Trump's election victory, the markets' response to the big news has come as a surprise to many analysts and economists. DW's Wall Street reporter Lars Halter takes a sober look at what's happened.
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