Home The pulse of the American economy: Dow Jones comes within points of first-ever 40,000
Local

The pulse of the American economy: Dow Jones comes within points of first-ever 40,000

economy
(© Tierney – stock.adobe.com)

The Dow Jones Industrial Average reached a milestone yesterday that it has not in its 128 years.

Markets rallied to new highs Thursday and brought the Dow within points of 40,000.

The milestone happened one day after the Federal Reserve kept interest rates the same, as reported by CNN Business. The three major indexes of the Dow said goodbye to Wednesday at never-before reached highs and the S&P 500 reached a milestone 5,200 level.

The milestones continued on Thursday when all three indexes reached new highs again before the day’s end.

The Dow peaked at 39,781.5 and the S&P at 5,241.53. Nasdaq reached a record 16,401.84.

The new highs went global as European and Asian markets also rose to the occasion.

Support AFP




Multimedia

 

Latest News

theater
Region/State

Charlottesville: Live Arts presents production of The Caucasian Chalk Circle

shenanarts
Local

Staunton: Benefit performances of Devout to feature soap opera stars

ShenanArts will present four performances of Devout, a new original play by native playwright and director, Sherry Ramsey, and featuring Grant Aleksander, Michael O’Leary and Robert Newman, actors from the TV soap opera “Guiding Light.”

healthcare
Local

Harrisonburg: Health District, Sentara offering back-to-school clinics

The Central Shenandoah Health District and Sentara Community Cares will provide back-to-school vaccinations and sports physicals for rising seventh- through 12th-graders and sports physicals at events in Harrisonburg over the next two weekends.

police car
Region/State

Virginia: Local police, sheriff’s offices approved for $1.7M in federal grants

luke murray
Basketball

New Boston College basketball coach Luke Murray is a massive douchebag

donald trump ben cline pic
Virginia Politics

Gene Zitver | Donald Trump urges vote for Ben Cline when he’s not on the ballot

Chris Farina
Region/State

Charlottesville filmmaker, living with ALS, makes death the focus of final doc