We asked traders, "The Dow Jones surpassed both the 17,000 mark and 18,000 mark for the first time in its history in 2014. What is more likely in 2015, the Dow hitting 20K or a major correction of 10-20%?"
Earlier this year the Dow Jones Industrial Average breached 17,000 for the first time in its long history. We decided to take a look at previous major benchmarks in the growth of the Dow over the years and highlighted what was going on in the markets—and the world.
U.S. stocks were little changed, after the Dow Jones Industrial Average closed above 16,000 for the first time yesterday, as improving economic data offset concerns that the Federal Reserve will cut monetary stimulus as soon as next month.
U.S. stocks swung between gains and losses, while the Dow Jones Industrial Average rose above 16,000 for the first time, after a Federal Reserve official said policy will remain accommodative as the economy improves.