News Formal

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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Dow Jones Industrial Average Nyheter

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.

Business is booming for Walmart. With food at home prices shooting up 24.6% since the pandemic started in March 2020, American families have turned to more budget-friendly options to...Troubled EV maker Fisker Inc. is closing down its Manhattan Beach headquarters and moving employees to La Palma in Orange County in a bid to save money and stave off bankruptcy.Cameco stock could be a great long-term investment for Canadian growth seekers.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: CTVNews - 🏆 1. / 99 Läs mer »

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.
Källa: CTVNews - 🏆 1. / 99 Läs mer »

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.
Källa: CTVNews - 🏆 1. / 99 Läs mer »

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.
Källa: SooToday - 🏆 8. / 85 Läs mer »