Dow Zooms Toward Record High: Is a Major Rally Inevitable?

By CCN: As the Dow pounds within a few hundred points of its all-time high, it’s time for the bears to admit that there are sunny skies ahead for the stock market bellwether. On April 18, the Dow Jones Industrial Average soared by nearly 140 points or 0.53 percent to 26,588.81. The index is now well within striking distance of its all-time high at 26,828.39. With the U.S. unemployment rate at a 50-year low and significant progress being made with the U.S.-China trade talks, the moment