Alva Review-Courier -

By Stan Choe and Marley Jay
AP Business Writers 

Stocks are at records, but it's no longer the 'Trump trade'

 

August 2, 2017



NEW YORK (AP) — The stock market has never been higher, and President Donald Trump would like more people to pay attention.

"Stock Market could hit all-time high (again) 22,000 today," Trump tweeted Tuesday about the Dow Jones industrial average, before it ended the day at a record 21,963.92. "Was 18,000 only 6 months ago on Election Day. Mainstream media seldom mentions!"

The 18,000 figure he cited was inaccurate: The Dow closed at 19,890.94 six months ago. It was at 18,332.74 on Election Day, which was nearly nine months ago. And analysts say it would be inaccurate to give Trump full cr...



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