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Stock Markets Hit 'Triple High' For The First Time Since 1999

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American flags are displayed outside the New York Stock Exchange (NYSE) during the evening of July 27, 2016 in New York City. (Kena Betancur/Getty Images)
American flags are displayed outside the New York Stock Exchange (NYSE) during the evening of July 27, 2016 in New York City. (Kena Betancur/Getty Images)

Stock markets in the U.S. had a blockbuster day Thursday, with the S&P, Dow and Nasdaq all closing at record highs. It is the first "triple high" since 1999.

Here & Now's Jeremy Hobson speaks with Bloomberg Gadfly's Michael Regan about what's behind the big day for stocks.

Guest

Michael Regan, columnist for Bloomberg Gadfly. He tweets @Reganonymous.

This segment aired on August 12, 2016.

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