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Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.CBS News - Top stories -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
What the Dow Jones Hitting 40,000 Points Tells Us
The stock market isn’t the economy — but its record high refutes conspiracy theories.The New York Times - Top stories -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Atlanta zoo set to return last giant pandas in US to China
Zoo Atlanta is preparing to send its giant pandas back to China, following suit with other states, the zoo confirmed Friday in a press release. “With the 2024 expiration of Zoo Atlanta’s giant panda agreement with China, preliminary plans are ...The Hill - Politics - China -
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
Tech stocks helped lift the Nasdaq 0.7% to a record, while the S&P 500, which traded at record levels before a late-session pullback, rose less than 0.1%. The Dow fell 0.5%.
Tech stocks helped lift the Nasdaq 0.7% to a record, while the S&P 500, which traded at record levels before a late-session pullback, rose less than 0.1%. The Dow fell 0.5%.The Wall Street Journal - World -
Tesla’s Controversial Factory Expansion Is Approved
After anti-Tesla activists clashed with police in Germany last week, local councillors today backed Elon Musk’s plan to make Tesla’s only European Gigafactory even bigger.Wired - Tech -
China is a 'critical' global supplier, full decoupling may be impossible, survey shows
Chinese companies are growing more optimistic about a rise in trade exports as firms show no signs of fully decoupling from China, according to Allianz Trade.CNBC - Business - China -
AstraZeneca Plans $1.5 Billion Manufacturing Facility In Singapore
The Anglo-Swedish pharmaceutical giant plans to build a $1.5 billion manufacturing facility in Singapore to boost its global supply of cancer-killing treatments.The Wall Street Journal - World -
AstraZeneca to build $1.5bn manufacturing site in Singapore
Anglo-Swedish drugmaker to produce targeted chemotherapy drug at facilityFinancial Times - World -
Week Ahead for FX, Bonds: PMI Surveys, Asia Central Banks in Focus
Key data from the U.S., Europe and U.K. will share the stage with a raft of central bank decisions out of Asia-Pacific, as the timing of interest rate cuts stays front of mind for investors.The Wall Street Journal - World -
When Form(s) Follows Function
Since 2009, the creators at Forms have been making unusual and sculptural pieces. The latest inspiration? A Japanese shakudo buckle.The New York Times - Lifestyle -
Dow passes 40,000 for first time
The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 ...The Hill - Politics -
The Dow's road to 40,000 in one chart
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.CNBC - Business -
Chris Paul the NBA team owner? Future Hall of Famer open to owning his hometown Hornets or an expansion team
Paul is nearing the end of his playing career, but still wants to be involved in the NBA and WNBA when he retiresCBS Sports - Sports - NBA -
‘It is D-Day’: Peter V’Landys prepared to walk away from PNG NRL expansion bid
Rugby league bosses meeting with federal government in BrisbanePapua New Guinea aiming to become 18th men’s clubAustralian Rugby League Commission chair Peter V’Landys said he is prepared to abandon the prospect of a NRL team from Papua New Guinea ...The Guardian - World -
The Winners and Losers of the N.F.L.’s Schedule Reveal
In his rookie season, Chicago Bears quarterback Caleb Williams will have every opportunity to thrive.The New York Times - Sports - NFL -
A Massive Media Decision Could Be in M.L.B.’s Future
Teams have always controlled their local broadcast rights. Some owners want to change that.The New York Times - Sports -
M&S website and app hit by technical issue
Customers were unable to shop online for around five hours but services are now working again.BBC News - Top stories -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Trump vs. Biden: How the Dow's Performance Compares
The Dow Jones Industrial Average’s brief move above 40000 is welcome news to a president who is facing voter malaise over the economy.The Wall Street Journal - World - Donald Trump -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
Goldman Sachs, Microsoft Power Dow Industrials to 40000
A broad rally across sectors leads the blue-chip stock index to new highs.The Wall Street Journal - World - Microsoft -
Van Jones rails against Greene after spat with Dems: 'She’s a disgrace to that Congress'
CNN commentator Van Jones slammed Rep. Marjorie Taylor Greene (R-Ga.) following her personal attacks on a fellow member of Congress during a House Oversight Committee hearing Thursday night. The committee hearing, held to vote on whether to ...The Hill - Politics -
Liberty’s Jonquel Jones: Caitlin Clark needs ‘some grace’ as she adjusts to WNBA
Caitlin Clark played her best game as a pro Saturday, but the Fever fell to 0-3 after a 91-80 loss to the Liberty. New York's Breanna Stewart and Jonquel Jones had advice for Clark on the WNBA transition.Yahoo Sports - Sports - WNBA -
WNBA Power Rankings: Jonquel Jones off to dynamite start for Liberty, Aces remain on top
Jones is averaging 17.7 points, 10 rebounds, 3.7 assists and 1.7 blocks per gameCBS Sports - Sports - WNBA -
Food price rises 'returning to normal'
Grocery price inflation falls to its lowest since October 2021 but shoppers are still buying own-brand goods.BBC News - Top stories -
Hades 2's First Patch Adds Major Quality-Of-Life Improvement
Hades 2 released in early access last week, and now has received its first patch. Supergiant Games is already proving the utility of its early-access period, with a majority of Patch 1's changes implemented as a result of player ...GameSpot - Tech -
A Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.The New York Times - Business -
Is print dead? Not at this indie bookstore publishing L.A.'s untold stories
A local electrical engineer with a passion for literature is on a mission to share the stories of local authors who have struggled to break into the mainstream publishing industry.Los Angeles Times - Entertainment -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Why the N.H.L.’s Replay System Needs a Massive Overhaul
Replay doesn’t need to be ditched entirely, but the league needs to change its approach, a columnist for The Athletic writes.The New York Times - Sports -
Games for Change honors Player 2’s Alyssa Sweetman with Vanguard Award
Games for Change announced the winners of its Special Awards today, including its most recent Vanguard Award. This year, the award goes to Alyssa Sweetman, currently the director of strategy at Player 2 and founder of Ideation Forge. Sweetman was ...VentureBeat - Tech -
S. Carolina to open title defense vs. U-M in Vegas
Defending national champion South Carolina will take on Michigan at the Hall of Fame Series Las Vegas on Nov. 4 to tip off the season.ESPN - Sports - US Open -
The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories