Search results
The Dow Jones Industrial Average closed above the 40,000 mark Friday for the first time in its 139-year history. The blue-chip index initially crossed the key threshold early Thursday but...
May 17, 2024 · The Dow Jones Industrial Average just closed above 40,000 for the first time, the latest pop in what's been a surprisingly good year for Wall Street. For one, with just 30 companies, the Dow...
May 16, 2024 · The Dow crossed its latest 10,000 point threshold briefly on Thursday and closed above 40,000 Friday — at 40,003.59 to be exact.
The Dow Jones Industrial Average crossed the 40,000 mark on Thursday — the first time in its 128-year history. The index rose 93 points, or about 0.2%, to hit 40,001 in mid-morning trading.
By November 2020, the Dow had closed above 30,000 for the first time. The momentum from the Covid lows carried through to 2021, with the Dow breaking above 35,000.
- Fred Imbert, CNBC
- 4 min
May 17, 2024 · The Dow closed above 40,000 points for the first time on Friday in a quiet day on Wall Street, with investors taking cheer in strong corporate profits and signs that inflation is cooling.
People also ask
Why did the Dow go above 40,000 for the first time?
How long did it take the Dow to reach 40,000 points?
What is the Dow at 40,000?
How has the Dow changed over the past 20,000 points?
May 16, 2024 · The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling a strong endorsement of the health of the U.S. economy. The trigger that drove the market to a historic high was new data released Wednesday showing annual inflation easing after three consecutive months of higher-than-expected reports.