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Fortune

Lucinda Shen

Donald Trump Tweets That Stock Market Rises Fastest 1,000 in History. Here's What History Says.

Donald Trump Stock Market Dow

Donald Trump stock market dow new highs (Credit: Bryan R. Smith—AFP/Getty Images)

The Dow Jones industrial average crossing over 25,000 came with an expected level of fanfare from the public, as well as President Donald Trump, who in a tweet dubbed it the "record fastest 1000 point move in history." Actually, that is incorrect. While the stock market as measured by the Dow index did hit new highs Friday above 25,100

the index jumped above 21,000 S&P Global a more measured pace

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