Economic security

The Stock Market Is On An Epic Upswing. Here's Why It Probably Hasn't Benefited You

The Dow Jones industrial average cruised past another milestone Wednesday — the 20,000 level, further evidence of the long bull market that has lifted share prices since the depths of the financial crisis.

The index closed at a record 20,068. Since the November elections, the Dow and the broader S&P 500 are up 9.5 percent and 7.4 percent, respectively.

The stock market rally has been remarkably durable so far, withstanding the banking crisis in Europe, the Brexit vote, natural disasters, terrorist attacks, periods of disappointing growth in the U.S., and the polarizing U.S. presidential election.