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The Dow rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by the Fed this week signalled easier monetary policy could be implemented later this month.
The 30-stock average broke above 27,000 for the first time in its history, rising +0.9% to 27,088. The Dow first closed above 26,000 in January of 2018, so it’s been a little more than a year-and-half trek the additional 1,000 points.