American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

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

by admin May 19, 2024
May 19, 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
Wayfair to open its first large store, as physical locations make a comeback
next post
​Tech 5: CME Lays Plans for Spot Bitcoin Trading, Google Unveils New Products at I/O​ Event

Related Posts

Carnival stock could surge 35% after Royal Caribbean...

January 29, 2025

Why the Fed keeping rates higher for longer...

April 26, 2024

China to recapitalize major banks as profits sink...

September 24, 2024

Apple stock price forecast: is it safe to...

March 30, 2025

Silver lining for consumers: Food price growth has...

May 16, 2024

Asian markets fall as Korea’s political crisis deepens

December 9, 2024

Top 3 underappreciated Asian stocks to buy in...

November 24, 2024

Costco cracks down on membership card sharing

August 9, 2024

Best crypto stocks to buy as odds of...

May 22, 2025

CrowdStrike losses may be biggest test yet of...

July 26, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,022)
    • Investing (2,459)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 americaninvesthub.com | All Rights Reserved