Of americans believe the economy is in good shape, and that is the highest since before the great recession. The dow gained 34 points today to close at 20,810. The tenth Straight Record high. The first time that has happened in decades. Jim axelrod is here with us tonight to tell us more about what many people are calling the trump rally. Reporter well, scott, the dow just barely made it, but it managed to scratch out a slight gain today to run its streak of record highs to 10. Now, the markets have been on a roll since election day, up more than 13 in the last 107 days. But never mind that, try this this is the longest run since 1987 of consecutive trading days that we have seen. Pelley and why is that . Reporter well, there are a number of reasons, scott. You have to understand that Industrial Companies are expecting an increase in Infrastructure Spending, as we saw today when the president met with manufacturing executives to discuss jobs. Now, the president has signaled he will pus
Be right back. Our cbs news pol found 77 of americans believe the economy is in good shape and that is the highest since the great recession. And the dow to close at the 10th Straight Record high. The first time that has happened in decades. Jim axalrod is here to tell us more about what many people are calling the trump rally. Well, scott, the dow just barely made it but manage to run its streak of record highs to 10. The markets have been on a roll since election day, up more than 13 in the last 107 days. But never mind that. Try this. This is the longest streak of consecutive 1997 of consecutive trade days we have seen. Theres a number of reasons. You have to understand Industrial Companies are expecting an increase in Infrastructure Spending as we saw when he met with executives to discuss jobs. The president has signalled he will push for an Infrastructure Spending bill and everybody likes the signals on Corporate Tax reform and regulation roll back and while some pull back could