Video will play in Play now Don't auto playNever auto playThere's always a fuss when the Dow reaches a nice, new, big, round number, as it did on Wednesday. The excitement is almost always overblown -- the market is more than the Dow Jones Industrial Average, the economy is more than the market, etc. -- and this particular milestone comes with the potential for additional misinterpretation: Dow 20,000 does not necessarily amount to a vote of confidence in President Donald Trump's ability to deliver economic growth. The Dow has gained about 10 per cent since Trump was elected, and for good reason: His proposed policies would augment the stream of cash flowing to investors. Dow 20,000 is certainly a welcome milestone for investors.

Source: New Zealand Herald January 26, 2017 18:06 UTC