The newest on developments in monetary markets (All instances native):
9:35 a.m.
The Dow Jones industrial common traded above 25,000 points for the primary time, blasting by means of one other 1,000-point milestone.
The Dow’s newest breakthrough got here in early buying and selling Thursday and simply 5 weeks after closing above 24,000 points for the primary time.
Technology corporations and banks had a few of the largest good points in early buying and selling. Wells Fargo rose 1.9 % and Microsoft rose zero.7 %.
The Standard & Poor’s 500 index rose 9 points, or zero.three %, to 2,722.
The Dow Jones industrials elevated 118 points, or zero.5 %, to 25,037. The Nasdaq climbed 16 points, or zero.2 %, to 7,081.