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BusinessYahoo FinanceWalmart stock pops after earnings beat, retailer surpasses $500 billion in market cap
The retail giant posted strong numbers as Americans look to stretch their dollars.
BusinessReutersDow hits 40,000 on earnings boost, rate cut bets: Instant view
The Dow Jones Industrial Average surpassed 40,000 points for the first time on Thursday, the blue-chip index's fastest 10,000 point-climb, powered by strong quarterly results and rising bets of interest rate cuts by the Federal Reserve. STOCKS: The Dow was last up 0.3% at 40,029. The S&P and Nasdaq were up as well.BONDS: U.S. 10-year yields were flat at 4.356%FOREX: The dollar index was last up 0.3% at 104.49.
BusinessReutersDow sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve. At 10:40 a.m. ET, the Dow was up 0.2%, at 39,992.67. "Breaking the 40,000 barrier is a big psychological boost for the bulls as round numbers hold special significance in people’s hearts and minds," Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, said in a note.