Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

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

by admin May 18, 2024
May 18, 2024
The Dow just hit 40,000. Here’s a look at how it got here.

The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.

A trader at the New York Stock Exchange on Thursday, May 16, 2024, as the DOW reached 40,000.Courtney Crow / NYSE

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 and the Federal Reserve possibly cutting rates later this year as inflation eases further from its pandemic highs.

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.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
As Tesla layoffs continue, here are 600 jobs the company cut in California
next post
Appia Rare Earths and Uranium Corp. to Present at the Clean Energy & Precious Metals Hybrid Investor Conference on May 23rd, 2024

Related Posts

Nvidia says Anthropic is telling ‘tall tale’ in...

May 2, 2025

Warner Bros. Discovery’s NBA rights offer could put...

May 24, 2024

Dow falls 600 points in worst day of...

May 24, 2024

Retirees ‘stunned’ as market turmoil over tariffs shrinks...

April 6, 2025

JPMorgan Chase is giving its employees an AI...

August 12, 2024

Paramount ends DEI policies, cites Trump executive order

February 28, 2025

Budget airline Spirit is trying to go upmarket...

July 31, 2024

Stock market has worst day since 2022 as...

July 26, 2024

OpenAI tops 3 million paying business users, launches...

June 5, 2025

Amazon to shut down speedy brick-and-mortar delivery service

October 24, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Biden didn’t want intel disseminated showing Ukrainian concerns over family’s ‘corrupt’ business ties: records

      October 8, 2025
    • Cruz clashes with Nigeria over his claims 50,000 Christians killed since 2009 in religious violence

      October 8, 2025
    • House committee withdraws James Comey subpoena for Jeffrey Epstein testimony

      October 8, 2025
    • Government limps deeper into shutdown crisis with no deal in sight

      October 8, 2025
    • Trump meets former Hamas hostage Edan Alexander on Oct. 7 anniversary

      October 8, 2025

    Categories

    • Business (1,116)
    • Investing (3,206)
    • Politics (3,906)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved