Stock market today: Wall Street edges back from records after Dow briefly tops 40,000

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U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time.

An entrance to the New York Stock Exchange is shown on May 8, 2024, in New York. NEW YORK —

GameStop fell 30 per cent, though it’s still up nearly 59 per cent for the week so far. AMC Entertainment lost 15.3 per cent. Chubb rose 4.7 per cent after Warren Buffett’s Berkshire Hathaway disclosed it had built an ownership stake in the insurer. A string of worse-than-expected reports on inflation at the start of the year had put the potential for such cuts in jeopardy, but some more encouraging data has since arrived.

“Today’s numbers were in line with the overall theme of the week — nothing dramatic, but showing signs of a steady-to-cooling economy,” said Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. Fort St. John businesses have been doing their best to welcome an influx of wildfire evacuees, offering free movie nights — popcorn included — and discount burritos.An Air Force instructor pilot was killed when the ejection seat activated while the jet was still on the ground at a Texas military base, the Air Force said Tuesday.Slovak authorities charged a man Thursday with attempting to assassinate Prime Minister Robert Fico, saying he acted alone in a politically motivated attack.

The province’s health minister and solicitor general are urging Toronto to rescind its request to decriminalize simple possession of small amounts of drugs for personal use, calling the proposal 'misguided' and 'disastrous.'Southern British Columbians may see smoky skies from wildfires burning in the northeastern part of the province over the weekend and one local doctor is warning of the potential long-term health risks associated with that poor air quality.

Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.Chris Hadfield inspires youth musical in SudburyA judge has rejected a B.C. man's claim that his genitals "accidentally" fell out of his shorts – twice – at a Surrey mall, finding him guilty of indecent exposure.The government has shut down a B.C.

Veteran TSN broadcaster Darren 'Dutch' Dutchyshen, one of Canada’s best-known sports journalists, has died. He was 57. His family says 'he passed as he was surrounded by his closest loved ones.'Ex-wife of admitted serial killer testifies about violent and sexually abusive relationship

 

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