Dow Jones Industrial Average, Latest Star Wars Movie
December 19, 2016
The closely watched Dow Jones Industrial Average is closing in on the 20,000 level milestone as the year comes to an end. Since the results of the presidential election, the Dow is up 8.5% since November 8, as investors placed bets that the new administration could put forth deregulation and infrastructure spending that could boost the economy. In the same time, investors withdrew money from the Bond markets, which pushed mortgage rates up to two-year highs.
The latest installment of the “Star Wars” movies, “Rogue One: A Star Wars Story” opened at movie theaters across the country this past weekend and posted the second-best December opening weekend ever as people flocked to the big screens. It is estimated that the movie grossed $155 million, while earning $290.5 million globally. The movie by Disney, sent the shares of the giant media company to seven months highs.