Dow Jones Industrial Average Hits 40,000 Points for The First Time
![](https://japannews.yomiuri.co.jp/wp-content/uploads/2024/05/eiji-dow-AP24137382159345.jpg)
An entrance to the New York Stock Exchange is shown on May 8 in New York.
0:15 JST, May 17, 2024
NEW YORK (AP) — Stocks are adding to their gains on Wall Street, sending the Dow Jones Industrial Average above 40,000 points for the first time.
The market had rallied a day earlier following a report showing that inflation was cooling. The Dow was up 106 points, or 0.3%, to 40,019 in mid-morning trading Thursday.
The S&P 500, which is widely tracked by index funds, was up 0.2%. The Nasdaq composite edged up 0.2%. Walmart rose after reporting stronger profit for the latest quarter than expected. Treasury yields were relatively steady following a mixed set of reports on the economy.
"News Services" POPULAR ARTICLE
-
FBI Identifies Thomas Matthew Crooks as ‘Subject Involved’ in Trump Rally Shooting
-
Donald Trump Whisked off Stage in Pennsylvania after Apparent Gunshots Rang Through the Crowd
-
Japanese Executive among 11 Arrested in Myanmar for Inflating Rice Prices
-
Japan’s Nikkei Reclaims 40,000 Level on Weak Yen, Foreign Buying (UPDATE 1)
-
U.S. President Joe Biden Drops Out of the 2024 Race after Disastrous Debate Inflamed Age Concerns
JN ACCESS RANKING