by The Associated Press Posted Jan 25, 2017 7:45 am MDT Last Updated Jan 25, 2017 at 5:20 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – The latest on developments in financial markets (All times local):4:00 p.m.The Dow Jones industrial average closed above 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market.It’s been two months since the Dow crossed 19,000 points. Other major U.S. indexes also closed at all-time highs Wednesday.Banks and other financial companies posted the biggest gains. Wells Fargo jumped 3.7 per cent.Industrial companies also rose sharply. Boeing surged 4.2 per cent, the biggest gain in the Dow.The Dow, which tracks 30 major industrial companies, surged 155 points, or 0.8 per cent, to 20,068.The Standard & Poor’s 500 index rose 18 points, or 0.8 per cent, to 2,298. The Nasdaq composite rose 55 points, or 1 per cent, to 5,656.Bond prices fell. The yield on the 10-year Treasury note rose to 2.52 per cent.___11:45 a.m.The Dow Jones industrial average has crossed through 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market.The other major U.S. stock indexes were also moving higher in midday trading Wednesday, led by banks and other financial companies.Strong earnings from Boeing and other big companies drove the rally, extending gains from the day before. Boeing jumped 4.6 per cent, the biggest gain in the Dow.The Dow, which tracks 30 major industrial companies, was up 136 points, or 0.7 per cent, at 20,049.The Standard & Poor’s 500 index rose 13 points, or 0.6 per cent, to 2,293. The Nasdaq composite rose 40 points, or 0.7 per cent, to 5,641.Bond prices fell. The yield on the 10-year Treasury note rose to 2.50 per cent.___9:35 a.m.The Dow Jones industrial average is trading over 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market.The market has been marching steadily higher since bottoming out in March 2009 in the aftermath of the financial crisis. The rally continued after the election of Donald Trump as U.S. president last fall.The Dow was up 102 points, or 0.56 per cent, to 20,018.The Nasdaq rose 48 points, or 0.9 per cent, to 5,600. The Standard & Poor’s 500 index rose 10 points, or 0.5 per cent, to 2,290.Bond prices fell. The yield on the 10-year Treasury note rose to 2.51 per cent. Markets Right Now: Dow Jones industrials breach 20,000
The Duke and Duchess of Sussex in MoroccoCredit:WireImage The Duke and Duchess of Cambridge, meanwhile, will retain their established Kensington Palace team, working independently to support the Queen in her duties as part of the “Team Windsor”.The Sussexes communications team, which will be funded by the public purse via the Sovereign Grant, will report to the Queen’s communications secretary Donal McCabe.The Royal Foundation, which has until now been shared by the Cambridges and Sussexes working together, is likely to be restructured, with a source saying the Kensington Palace split would “of course have implications for how they manage their charitable and philanthropic activity into the future”. The Duke and Duchess of Cambridge and Duke and Duchess of Sussex are to split their householdsCredit:Richard Pohle On Thursday, it was announced that they will be advised by Sara Latham, who has been appointed as their head of communications.Described as “chic and superbly connected”, Ms Latham is a major political player, mixing professionally with the Clintons and Obamas, working with Tony Blair, and mentioned in society pages for attending and hosting events for some of the world’s most high-powered women. The Duke and Duchess will now form a new household under the guidance of Samantha Cohen, a longstanding senior royal aide who has been standing in as interim private secretary since last year.It is also likely that the couple will seek a replacement for Amy Pickerill, the couple’s assistant private secretary, who has been considered as the Duchess’ right-hand-woman and will also depart the household once the baby has arrived. The Duke and Duchess of Sussex are to bring in their own team to shape their future work in the Royal Family, as they build a new Sussex brand on a global platform.The couple, who are due to become parents next month, now need to fill key positions in their household after officially splitting from Kensington Palace.Based at Buckingham Palace, under the Queen’s own staff, the Duke and Duchess are seeking aides including a permanent private secretary to shape their working futures.They have already embraced a markedly different style to the Duke and Duchess of Cambridge, becoming known for their rousing speeches, language of empowerment and inspiration, and tactile public appearances.Their recent appearances, in front of cheering teenagers and on a panel for International Women’s Day, have suggested they hope to build a profile as global philanthropists, speaking of “humanitarian issues” and feminism to Commonwealth youth.