Dow Jones breaks through 25,000 barrier while TOPIX hits 26-year high

Strong start to the year for global equity markets

Laura Dew
clock • 2 min read

The Dow Jones Industrial Average climbed to an all-time high today (4 January) after pushing through the 25,000 mark for the first time.

In early morning trading in the US, the Dow was at 25,056, slightly down from a high of 25,073, climbing more than 20% from the same date last year when it sat at 19,942. Only five weeks ago it closed above 24,000 points for the first time. The rise comes after the S&P 500 crossed the 2,700 points mark for the first time yesterday, with US markets buoyed by news President Trump finally managed to pass his sweeping tax cuts at the end of last year. Global stockmarkets have had a strong start to 2018, with Japan's TOPIX index hitting a 26-year high this morning on the back of strong man...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Markets

Tiffany Wilding, (pictured) managing director and economist at PIMCO

PIMCO's Tiffany Wilding: Lessons from a year of unexpected economic resilience

'Risk of a downturn in 2024 remains high'

Tiffany Wilding
clock 06 December 2023 • 3 min read
Market Movers Blog: UK 10-year gilt yield drops below 4% for first time since May

Market Movers Blog: UK 10-year gilt yield drops below 4% for first time since May

Latest news and analysis

Investment Week
clock 06 December 2023 • 1 min read
Partner Insight: The dash for cash

Partner Insight: The dash for cash

Today’s investors face a challenging prospect of an oncoming recession and elevated market volatility, which may lead them to question their risk appetite and asset allocation. Against this backdrop, Fidelity’s fixed income team highlight the reasons why now is a good time to be allocating to cash in your investment portfolio.

Fidelity International
clock 06 December 2023 • 2 min read