narvikk/iStock(NEW YORK) — The Dow Jones Industrial Average reached a record high Friday morning, briefly touching 29,000 for the first time in history. Investors continued to push stocks higher despite a Friday Labor Department jobs report that fell short of economists’ expectations, and as geopolitical tensions mount between the U.S. and Iran.The S&P 500 and Nasdaq similarly saw gains despite a volatile trading week.The Dow’s gains were led by pharmaceutical maker Pfizer — possibly because of the notable gains in health care jobs in Friday’s jobs report — as well as tech giants. President Donald Trump tweeted just prior to the Dow surpassing 29,000, writing that this has never happened before and, preemptively congratulating himself, writing: “The best is yet to come!” Copyright © 2020, ABC Audio. All rights reserved.
