New York CNN —The Dow broke past the 40,000 threshold Thursday morning for the first time ever, fueled by an encouraging inflation report.
It also highlights a notable contrast between sentiment on Wall Street and Main Street.
Dow 100: The Dow first closed in triple digits in January 1906.
The Dow nearly matched that in 2017, rising 25%.
Dow 30,000: Nov. 24, 2020: Covid sent the stock market plunging in the spring of 2020.
Persons:
Dow, stoking, ”, Gary Pzegeo, John Williams, Tom Barkin, ” Tyler Schipper, Thomas, Hogan, Teddy Roosevelt, Richard Nixon, Trump, Covid
Organizations:
New, New York CNN, Markets, Federal Reserve, Bureau of Labor Statistics, CIBC Private Wealth, ”, Walmart, Airlines, Big Tech, York Fed, Reuters, Richmond Fed, Dow, University of Michigan, CNN, CPI, University of St, Riley Financial, Wall, Microsoft, Chevron, Traders, New York Stock Exchange, Getty, Federal, Woolworth, Eastman Kodak
Locations:
New York, United States, Minnesota, Chevron —, AFP