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Dow at 40,000: Why stocks still have 'plenty of room to run'

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Dow Jones Industrial Average समाचार

Jack Manley,Jpmorgan Asset Management

Wall Street pros say there's more room to grow with stock markets around record highs.

That’s the sentiment gripping Wall Street, as stocks notch record highs and the market is on track for its best month of the year.) to close above 40,000 for the first time ever Friday — a milestone that comes just 874 trading days after the Dow first closed above 30,000.And the makeup of the Dow looks different than it did during previous milestones. The index most recently replaced Walgreens stock outperformed the S&P 500 over the last five years.

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Stock market today: Dow finishes above 40,000 to cap Wall Street's latest winning weekThe Dow Jones Industrial Average finished a day above the 40,000 level for the first time on Friday as U.S. stock indexes drifted around their records while closing out their latest winning week.
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Stock market today: Wall Street drifts higher; Dow has its first close above 40,000The Dow Jones Industrial Average rose 0.3 per cent to close above 40,000 points for the first time on Friday.
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Stock market today: Wall Street edges back from records after Dow briefly tops 40,000U.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.
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Stock market today: Wall Street hangs around its records after Dow briefly tops 40,000NEW YORK (AP) — U.S. stocks drifted to a mixed close near their record levels after the Dow Jones Industrial Average briefly topped the 40,000 level for the first time. The Dow ended with a loss of 0.1% Thursday.
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