Dow Jones Industrial Average Hits 50,000 For 1st Time – Will It Help Or Hurt Americans’ Finances?

The Dow Jones Industrial Average on Friday rose above 50,000 for the first time in history. The index climbed about 2.2% to 50,014.81 during trading, showing strong gains as investors reacted to positive news on the US economy and company earnings, according to AFP report. Dow Jones is a major US stock market index made up of 30 big companies like Goldman Sachs, Coca-Cola and JPMorgan Chase.