Dow Jones Crosses the 40,000-Point Threshold for the First Time in History

Markets had rallied to new record highs Wednesday after the latest Consumer Price Index showed a cooldown for the first time in months, stoking hopes that the Federal Reserve could start cutting interest rates as soon as September.

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CNN

Dow Crosses 40,000 For First Time In History

Both the S&P and the Nasdaq also sit at record highs.

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Forbes

Dow briefly crosses 40,000 mark, marking first time passing milestone

The blue-chip gauge hit a session high of 40,000.54, before quickly dipping back under the line. Still, its first cross above this level was seen as notable by stock-market strategists. It was trading up 76 points, or 0.2%, on the day at 39,984 in recent trade.

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MarketWatch.com

News Results

Biden slams Trump as he touts record-high Dow crossing 40,000

The Dow Jones Industrial Average hit a record 40,000 on Thursday. The Dow's milestone comes with Biden effectively tied nationally in the polls with Trump. Biden's camp is pushing to use the historic moment for the Dow as a way to tout what they see as a strong economy in contrast with when Trump was president.

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11mo ago

Dow Jones crosses 40,000 points for the first time

If current price trends continue the Fed could consider lowering interest rates

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11mo ago

Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets

The index surpassed its previous record high of 39,935.04, hit on Wednesday. It has recovered nearly 40 per cent from its October 2022 lows. At 10:33 a.m. ET, the Dow was up 0.2 per cent at 39,984.95.

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11mo ago

Stock Market Today: Dow Jones Keeps Strong Gains, Crosses 40,000 Amid Walmart Earnings; New Warren Buffett Stock Soars

The Nasdaq composite and the S&P 500 edged 0.2% higher. The Dow Jones Industrial Average briefly breached 40,000. Five of the "Magnificent Seven" megacap techs rallied, boosting the Nasdaq 100 tracker. Deere (DE) and Dillard's (DDS) fell on the stock market today.

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11mo ago

The Dow just hit 40,000. Here’s a look at how it got here – NECN

The 30-stock benchmark broke above 40,000 for the first time. The move comes as investors cheer the prospects of artificial intelligence boosting corporate profits. It's been a long and winding road for the Dow to climb to these levels. Here's a look at the Dow's trajectory over the past 20,000 points.

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11mo ago

Dow Jones Industrial Average hits 40,000 for the 1st time

The Dow Jones Industrial Average crossed 40,000 for the first time on Thursday. This is a significant and symbolic milestone for the index that tracks 30 of the most valuable publicly traded companies in the U.S. The Dow is now up about 6% so far this year.

MIDDLE

11mo ago

Dow Jones Industrial Average hits 40,000 amid renewed hopes for U.S. economy

The Dow Jones Industrial Average stock index hit 40,000 for the first time ever Thursday. The index, which is comprised of the stocks of 30 major companies such as Apple and McDonald's, has gained a modest 6% on the year. The other major U.S. stock indices, the S&P 500 and the Nasdaq, also hit record highs.

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11mo ago

Dow Jones Industrial Average hits 40,000 for the 1st time

The Dow is now up about 6% so far this year. The recent rally in the Dow, S&P 500 and Nasdaq has been fueled by data showing inflation is cooling, which would allow the Federal Reserve to begin its long-awaited interest rate cuts. This is a developing story, please check back for updates.

Dow Jones Crosses the 40,000-Point Threshold for the First Time in History

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