The Dow Jones Just Did Something It's Never Done in 121 Years
Who says Spain gets to have all the fun with the running of the bulls? The U.S. stock market has enjoyed a rampant running of the bulls for nearly nine years now, with all of the major indexes nearly quadrupling, or more, from their Great Recession lows.
This year has been particularly special for optimists, with no major corrections to speak of and each of the major indexes hitting plenty of all-time record closing highs. Of late, the biggest catalyst has been the expectation that the GOP tax plan will become law. With Republicans having a fairly strong majority in the House, and full partisan support in the Senate, despite just a two-seat majority, the Republican bill designed to lower corporate tax rates is viewed as a big boon to businesses.
Image source: Getty Images.
Source: Fool.com
