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US stock market news: Dow ends above 40K mark for the first time

The S&P 500 and Nasdaq took a breather on May 17 after a weeks-long rally underpinned by hopes for interest rate cuts, but the Dow closed above 40,000 mark for the first time to end the fifth week of advances in a row. Watch to know more.

first published: May 18, 2024 05:01 pm

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