Bloomberg Television
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Dow Down After Hitting 40K Today | What You Missed 5/16
Posted
May 16, 2024
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2:15Now PlayingThe world’s largest stock market hovered near its all-time highs, with the Dow Jones Industrial Average touching the historic 40,000 mark on bets that rate cuts will keep powering Corporate America. The oldest of Wall Street’s three main stock indexes has been boosted by prospects of a resilient economy, ebbing inflation and robust corporate earnings.
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