The Dow Jones Industrial Average and the Nasdaq Composite Index reached new record highs on November 7th. This is a positive sign for the stock market and shows that investors have a lot of confidence in the economy. The Dow Jones Industrial Average is an index that tracks the performance of 30 of the largest companies in the United States, while the Nasdaq Composite Index is a measure of how well all the companies listed on the Nasdaq stock exchange are doing.
Both indexes have been going up steadily for the past few months, which is a good sign for the economy.