国际英语资讯:Dow ends above 20,000 for first time ever on upbeat earnings_时事

国际英语资讯:Dow ends above 20,000 for first time ever on upbeat earnings

NEW YORK, Jan. 25 (Xinhua) -- The Dow Jones Industrial Average on Wednesday closed above the psychological mark of 20,000 points for the first time ever, while the other two major indices also finished at record highs, boosted by a batch of generally positive earnings reports.

At the close, the Dow Jones Industrial Average rallied 137.28 points, or 0.69 percent, to 20,049.99. The S&P 500 rose 12.69 points, or 0.56 percent, to 2,292.76. The Nasdaq Composite Index gained 37.80 points, or 0.67 percent, to 5,638.75.

Investor euphoria was initially ignited by Wednesday's upbeat Earnings reports as well as an across-the-board stock rally around the world, which made the Dow open directly above the milestone of 20,000.

国际英语资讯:Dow ends above 20,000 for first time ever on upbeat earnings1

Before Wednesday's opening bell, the Dow component Boeing Company announced fourth-quarter revenue of 23.3 billion U.S. dollars, with GAAP earnings per share of 2.59 dollars and core earnings per share (non-GAAP) of 2.47 dollars, reflecting overall solid execution on production programs and services.

Shares of the aircraft maker surged 4.24 percent to 167.36 U.S. dollars apiece Wednesday following the release of the company's strong quarterly results.

The latest data from Thomson Reuters showed that the S&P 500 companies' blended earnings in the fourth quarter of 2016 are expected to rise 6.8 percent year on year, while the revenues are forecast to increase 4.1 percent. Both the fourth-quarter earnings and revenues are much-better-than they are in the second quarter and third quarter.