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The Dow traded above 45,000 for the first time. It may be time to rethink what makes a milestone. – Vested Daily

The Dow traded above 45,000 for the first time. It may be time to rethink what makes a milestone.

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The Dow Jones Industrial Average ascended to the

45,000 level for the first time Friday but failed to close above that threshold as it extended a 2024 rally that’s driven major benchmarks to a series of records. 

It also underscored the diminished meaning of frequently celebrated 1,000-point milestones as they represent successively less impressive percentage gains.

This post was originally published on Market Watch

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