The Dow Jones Industrial Average rose 328 points to close above the 48,000 level for the first time on Wednesday, registering its 17th record high of the year as investors bet on the end of the longest government shutdown in history and shrugged off concerns about an AI bubble. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 48254.82 +326.86 +0.68% DIA SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST - USD DIS 482.84 +3.36 +0.70%

"We’re climbing that proverbial wall of worry…the fundamental backdrop remains strong for all this talk about bubbles and such, but that’s just talk. Technical things happen for fundamental reasons and I think the body of evidence through the lens of the markets themselves is still quite bullish into year-end and quite frankly into the new year," Ev

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