Posted on May 17, 2024
The Dow Jones hits 40,000 for the first time. What to know about this major milestone
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https://www.npr.org/2024/05/16/ [login to see] /dow-jones-40000-rally-stocks-inflation-economy-recession-ai
The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling a strong endorsement of the health of the U.S. economy.
The trigger that drove the market to a historic high was new data released Wednesday showing annual inflation easing after three consecutive months of higher-than-expected reports.
The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling a strong endorsement of the health of the U.S. economy.
The trigger that drove the market to a historic high was new data released Wednesday showing annual inflation easing after three consecutive months of higher-than-expected reports.
The Dow Jones hits 40,000 for the first time. What to know about this major milestone
Posted from npr.org
Investing
Economics
Posted 7 mo ago
Responses: 3
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The Dow is all about expectations, things are looking up and I'm all for it
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But, but, but,,,, according to the MAGA minions, the economy is in the trash can.
But the Stock Market is doing great, record numbers of people travelling for the holiday, consumer buying is way up.
Yes, the economy can use improvement. But we avoided a recession and money is being made, unemployment is staying low, and job creation is doing well.
But the Stock Market is doing great, record numbers of people travelling for the holiday, consumer buying is way up.
Yes, the economy can use improvement. But we avoided a recession and money is being made, unemployment is staying low, and job creation is doing well.
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