How the rise in stocks affects you

The Dow Jones closed for the first time ever at 21,000 points on Wednesday.

The stock market has been surging upward since Election Day.

The people of Colorado Springs, regardless if they’re one of the 52 percent of Americans invested in the stock market, are taking notice of the rising numbers.

“The question becomes in a market like this, how much room do we have to go?” Founder and President of Academy Wealth Management, Vern Werre said.

Werre said the stock boost is due to how the Trump administration is pledging to manage money on a national level.

“Tax cuts, infrastructure spending, deregulation. Those are all things that could push this rally forward,” Werre said.

According to ABC News analysts, since election day the average American’s 401k has risen $11,000. But how far this rally will go is on the minds of those investing.

“For me, it’s a very scary political environment. I’m just completely unsure of what’s going to happen,” Howie said.

“I think it helps people who do invest in the stock market. For me it’s for retirement because I’m getting up there,” Meyer said.

Werre said as for what the market will do over the next few weeks, it is up in the air.

“Can it continue? Sure. Should it pull back a little bit? Probably,” Werre said.