The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.
NEW YORK >> The Dow Jones industrial average crossed the 40,000 level today for the first time and a world stock index scored a third straight record intraday high amid U.S. interest rate cut hopes and strong earnings before stocks turned…
The Dow Jones Industrial Average just topped 40,000 for the first time, the latest pop in what’s been a surprisingly good year for Wall Street. But just like New Year’s represents an arbitrary point in time in the Earth’s revolution around…
U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.
By STAN CHOE AP Business Writer NEW YORK (AP) — Through its long history, the Dow Jones Industrial Average has offered a way for people to get a quick read on how Wall Street is doing. But its importance is on the wane. Because it holds…
The Dow Jones Industrial Average topped the 40,000 level for the first time Thursday, as U.S. stocks drifted higher to add to their records set a day before.
The Dow Jones Industrial Average touched a record high at 40,000 on Thursday, with investors momentarily downplaying fears about inflation and delayed interest rate cuts.
Inflation data released on Wednesday showed that price increases slowed slightly from the annual rate recorded in the previous month, ending a surge of inflation that stretches back to the beginning of 2024.
Inflation data released on Wednesday showed that price increases slowed slightly from the annual rate recorded in the previous month, ending a surge of inflation that stretches back to the beginning of 2024.
Inflation data released on Wednesday showed that price increases slowed slightly from the annual rate recorded in the previous month, ending a surge of inflation that stretches back to the beginning of 2024.