Dow Jones Hits 26,000 Milestone
- Measure goes 1,000 points in 12 calendar days for fastest trip
- Blue-chip index rises 5 percent in 2018 on tax cuts boost
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The Dow Jones Industrial Average plowed past 26,000 as optimism over corporate earnings turbocharged the equity bull market.
Gains in companies from Boeing Co. to Caterpillar Inc. lifted the index for American blue chips past the round-number milestone just 12 calendar days since it topped 25,000. The run between 1,000-point milestones was the fastest in the measure’s history.