Cyclical Shares Propel Stock Market to Latest Milestone

The Wall Street Journal 2 weeks ago

Stocks’ latest records are a testament to one thing: Investors aren’t worried about a recession happening soon.

The Dow Jones Industrial Average topped 28000 in the very last minute of Friday’s trading session, capping off an otherwise quiet week with its first thousand-point milestone since July.

Much of the stock market’s dash higher in...


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