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Dow Hits 40,000 5/16/24

Dow Hits 40,000 5/16/24

The Dow hit 40,000 for the first time in today’s trading. Which means it took just over 7 years to double from the first time it hit 20,000. The S&P 500 and Nasdaq both reached record highs today as well. But while big round numbers are nice, and get attention, what do they really mean? We’ll explore.

Power Lunch

May 16, 202442m 14s

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Show Notes

The Dow hit 40,000 for the first time in today’s trading. Which means it took just over 7 years to double from the first time it hit 20,000.

The S&P 500 and Nasdaq both reached record highs today as well. But while big round numbers are nice, and get attention, what do they really mean? We’ll explore.


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