Dow celebrates best June in 81 years, S&P best in 64 years
Investors soaked up U.S. stocks Opens a New Window. during the month giving the Dow Jones Industrial Average its best June in 81 years while the S&P notched its best in 64 years. Continue Reading Below The rally, which continued on the final trading day of the month, gave the Dow Jones Industrial Average a 7.2 percent jump, the best since 1938, the S&P 500 added 6.9 percent, the strongest June since 1955 and the Nasdaq 7.4-percent - its best showing since 2000 as tracked by the Dow Jones Market Data Group.
The economy is booming while DOW & S&P set new record highs.
The stock market hit fresh records Thursday, with the Dow Jones Industrial Average notching a historic first close above 27,000 amid reinforced expectations of a rate cut and strong performance by health insurance stocks. The Dow breached the 27,000 mark in early morning trading, maintaining a strong performance throughout the day to close at 27,088, up by 227 points. The S&P 500, which hit a record intraday high of 3,000 Wednesday, closed at a fresh high of 2999.89 Thursday, up 0.23 percent.