Dow Hits 40,000 5/16/24 - Power Lunch

What this episode covers

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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How long is this episode of Power Lunch?

This episode is 42 minutes long.

When was this Power Lunch episode published?

This episode was published on May 16, 2024.

What is this episode about?

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...

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