Lates News

On Friday during the U.S. trading session, the Dow Jones Industrial Average broke through the historical milestone of 50,000 points. This is the latest milestone achieved by the U.S. economy after years of strong growth. During this period, the U.S. economy not only outperformed other developed economies but also attracted a large amount of investments on a global scale. Chris Hyzy, Chief Investment Officer of Bank of America Private Bank, said, "Regardless, we do not believe that the opportunities in the U.S. market have ended." The Dow's recent climb in the past few months marks a reversal from earlier last year when market turmoil was triggered by Trump's imposition of tariffs. However, since then, many of Wall Street's worries about the impact of tariffs have not materialized, as the U.S. economy continues to grow strongly. Investors remain optimistic about the Federal Reserve's continued rate cuts this year. However, despite the Dow steadily approaching the 100,000 mark, there are still warning signals in some areas of the economy. Price pressures continue to squeeze the lives of millions of low- and middle-income Americans, and job growth in the U.S. remains weak. Meanwhile, overseas economic growth and expansionary government policies have led to better performance in international markets compared to the highly valued U.S. markets. This may mean that some of the individual stocks driving the Dow's rise may face greater pressure in the future.