President Donald Trump speaks during a meeting inside the Roosevelt Room of the White House January 4, 2018 in Washington, DC.
With the Dow breaking 25,000 for the very first time, President Donald Trump can be taking credit along with hoping for more gains.
“I guess our fresh number can be 30,000,” Trump told reporters Thursday. “There were those in which said we wouldn’t break 25,000 by the end of the eighth year [of my administration], along with we’re inside the 11th month.”
The 30-stock index reached the milestone after the Discharge of strong jobs data. The U.S. private sector added 250,000 jobs in December, ADP along with Moody’s Analytics reported before the opening bell on Thursday. Economists polled by Reuters expected a gain of 190,000.
Equities have risen sharply since Trump was elected in November 2016. In in which time period, the Dow has shot up 36 percent, while the S&P 500 can be up 27 percent.
Trump has touted the market’s surge throughout his presidency, unlike his predecessors. Since his inauguration on Jan. 20, Trump has tweeted about the stock market 52 times.
On Thursday, he tweeted: “Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing.”
“What in which means can be in which, whenever you see in which number go up on Wall Street, This particular means jobs, This particular means success, This particular means 401(k)s are flourishing,” Trump told reporters.