Dow's Record: How We Got Here, Where We're Going
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The Dow Jones Industrial Average pierced through levels last seen in 2007 to close at a record high of above 14,200 on Tuesday, boosted by an upbeat ISM non-manufacturing index and amid ongoing monetary support from the Federal Reserve.
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As the Dow roars into record territory, there's one sector that's nowhere near its glory days: Financials.
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The past five years haven't been the brightest for the economy or consumers, but that hasn't held back retail stocks. It's been the consumer that has led the way for the Dow Jones Industrial Average since the Oct. 9, 2007, closing peak for the blue chip index, with two retailers landing among the top five performers since that time.
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The Dow may have retraced its losses from the financial crisis, but some Travel and Leisure investors believe only now will they really profit from its aftermath.
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In October 2007, the housing market was in the direct path of a massive foreclosure storm. Today, it is still picking up the pieces.
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Traditional media stocks have been on quite a run into the Dow Jones' rise towards hitting the 14,198 intraday peak, with the five biggest media giants hitting new highs. Here's what has been driving the media industry's gains.
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For all but one of the tech stocks in the Dow Jones, it's been tough sledding since October 2007, when the index last hit 14,198.