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Stock market today: Dow closes above 40,000 for the first time as latest inflation data fuels big weekly gains

The Dow clinched a record it had been flirting with for days, topping 40,000 for the first time as April's CPI helped push stocks higher for the week.

By: Business Insider

Jun 17 2024
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Stock market today: Dow closes above 40,000 for the first time as latest inflation data fuels big weekly gains — Stock market today: Dow closes

The Dow Jones Industrial Average closed above 40,000 for the first time on Friday, closing out a strong week of gains fueled by upbeat inflation data midweek. The index secured the closing mileston… [+1729 chars]

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