Dow Opens Above 26,000 After Fastest 1000-Point Surge In History

Well that escalated quickly...

Having surpassed 25,000 at the open on January 4th (surging from 24k to 25k in a record 23 days), The Dow Jones Industrial Average has opened today above 26,000...

https://www.zerohedge.com/sites/default/files/inline-images/20180116_10002_0.png

 

Crossing that 1000-point gap in a record-smashing 7 trading sessions...

https://www.zerohedge.com/sites/default/files/inline-images/20180116_10004.png

 

And more accurately, this is the most-aggressive rise in The Dow ever... triple the pace of the 24k to 25k advance

https://www.zerohedge.com/sites/default/files/inline-images/20180116_10006.png

Hat-makers cannot keep up...

https://www.zerohedge.com/sites/default/files/inline-images/20180116_10005.png

Interestingly, as US equities are opening notably higher after their day off, VIX is also significantly higher...

https://www.zerohedge.com/sites/default/files/inline-images/20180116_10001_0.png

Additionally, bonds are bid alongside stocks...

 

https://www.zerohedge.com/sites/default/files/inline-images/20180116_10003.png

The S&P is now less than 50 points away from Goldman's year end target of 2850.. at this rate it will hit that by week-end.