Monday, 20 May 2024: Dow rallied, topping the 40k mark for the first time in its 128-year history
May 19, 2024 ·
6m 33s
![Monday, 20 May 2024: Dow rallied, topping the 40k mark for the first time in its 128-year history](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/cd28525abfd602a496c37176cbece14f.jpg)
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Description
US equity markets settled with modest gains on Friday (17 May), with the Dow closing above the 40,000 mark for the first time - Dow rallied +134-points or +0.34% to...
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US equity markets settled with modest gains on Friday (17 May), with the Dow closing above the 40,000 mark for the first time - Dow rallied +134-points or +0.34% to 40,003.59 a day after briefly topping the 40,000 mark for the first time in its 128-year history. It has taken 874 trading days for the 30-stock index to climb from 30,000 (which it steeled above on 24 November, 2020) to 40,000.
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Author | Morgans Financial Limited |
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