The Dow gained 0.8% to 26,012.20 at the open in New York. The S&P 500 rose 0.5% to 2,801.35 in its first trip past that milestone. Photo: APNew York: The Dow Jones Industrial Average plowed past 26,000 as optimism over corporate earnings turbocharged the equity bull market. Optimism over corporate earnings fueled the bullish sentiment as the reporting season started with JPMorgan Chase & Co. topping expectations and forecasting further gains thanks to cuts to the corporate tax rate. The S&P 500 rose 0.5% to 2,801.35 in its first trip past that milestone.

Source: Mint January 16, 2018 17:26 UTC