Fox Business

The Dow Jones Industrial Average crossed another major milestone on Friday: 28,000.

After hovering near that level for much of the day, prompting Twitter attention from the White House, the index finally broke through moments before the New York Stock Exchange’s closing bell. Apple fueled the climb, rallying nearly 31 percent over the 90 trading sessions since the index topped 27,000 and contributing more than 421 points. The tech giant’s gains were driven by two quarters of strong quarterly earnings and robust demand for the new iPhone 11.

“Another Record Stock Market, 21 times this year, despite an ongoing, & totally unfounded, Witch Hunt, & a Democrat Party that would love to see a nice, big, juicy recession,” President Trump tweeted Friday morning.