Dow closes above 28,000 — its first thousand-point milestone clearance in 90 trading days

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Dow closes above 28,000 — its first thousand-point milestone clearance in 90 trading days
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Yes, here we go again with the milestones...

The Dow Jones Industrial Average marked history on Friday — carving out its first breach of a psychological milestone since mid-July, as equity benchmarks mounted an assault on records on the back of hope for progress in U.S.-China trade negotiations.

It has been 90 sessions since the blue-chip benchmark achieved a 1,000-point milestone, and it took 372 days to trade above the last such psychological level. Here’s a look at the past round-number milestones for the 123-year-old stock gauge. Trump “likes what he sees, he’s not ready to make a commitment, he hasn’t signed off on a commitment for Phase 1, we heave no agreement just yet for Phase 1,” he said at a Council on Foreign Relations event, according to the Wall Street Journal.

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