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The Dow Jones reaches 29,000 for the 1st time in history

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The Dow Jones reaches 29,000 for the 1st time in history
The Dow Jones reaches 29,000 for the 1st time in history

Uncertainty in the Middle East has not deterred investors.

fell short of economists expectations, and as geopolitical tensions mount between the U.S. and Iran.

The S&P 500 and Nasdaq similarly saw gains despite a volatile trading week.

The Dow's gains were led by pharmaceutical maker Pfizer -- possibly because of the notable gains in health care jobs in Friday's jobs report -- as well as tech giants.

President Donald Trump tweeted just prior to the Dow surpassing 29,000, writing that this has never happened before and, preemptively congratulating himself, writing: "The best is yet to come!"

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10 January 2020, 19:31