The Dow Jones Industrial Average broke through the 25,000-threshold for the first time Thursday, and notched another 1,000-point milestone. The index of blue-chip stocks is studded with industrial heavyweights such as Boeing and Caterpillar.
Among the biggest gainers were technology companies and banks. Wells Fargo jumped 1.9 percent and Microsoft rose 0.7 percent.
U.S. President Donald Trump tweeted Thursday morning, “Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing.”
The Dow increased 118 points, or 0.5 percent, to 25,037. The Nasdaq edged up 16 points to 7,081.
This latest record came in early trading Thursday — only five weeks after closing above 24,000 points for the first time.
Other major indexes also rose to new levels, driven by a strong report on private jobs.
The recent rally has been spurred by faster economic gains around the world, along with a more optimistic outlook from businesses and consumers.