Friday, June 02, 2017

Markets Close at Record High Following Trump's Paris Climate Accord Announcement

As expected, President Trump will today announce that the U.S. will join Nicaragua and Syria as the only countries to not participate in the Paris Climate agreement Thursday, leading to record highs across the U.S.' major markets.

The Dow Jones Industrial Average jumped about 20 points in the 3 p.m. hour during the President's speech, closing at a record high of 21,142.81. It was the first time the Dow had a record high since March 1. The S&P and Nasdaq also closed trading at record highs ....