Dow Trades Near Historic 40,000 Mark

News May 16, 2024 at 02:27 PM
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What You Need To Know

  • The oldest of the three main stock indexes is rising on prospects of a resilient economy, ebbing inflation and robust earnings.
  • The last tine it broke a major milestone was in November 2020 — when the measure of blue chips topped 30,000.
  • JPMorgan CEO Jamie Dimon said he's still more worried about inflation than markets appear to be.