The Dow Jones Industrial Average took almost 103 years to reach 10,000 in March 1999 and nearly 18 more years to reach 20,000. European and Asian markets are rising on the optimism as the blue-chips stocks close above 20,000 for the first time. Even as indexes now soar, many investors urged caution. Interest rates are still relatively low, reflecting sluggishness in the global economy. Johnson & Johnson (JNJ) is buying Swiss biotech company Actelion (ALIOF) for $30 billion. The deal bolsters Johnson & Johnson's roster of treatments for rare diseases. Fiat Chrysler (FCAU) says its profit last year jumped to $1.92 billion. It attributes that to a more profitable model mix, which helped overcome a sales decline in North American markets. Fiat Chrysler workers said its United Auto Workers representative will receive, on average, a $5000 profit sharing check for 2016.
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