A opened lower in Europe on Thursday, May 16, 2024, after most Asian benchmarks gained, tracking a Wall Street rally driven by hopes that inflation is heading back in the right direction. (AP Photo/Peter Morgan, File)
May 16, 2024
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May 16, 2024 9:40 a.m.
Stock market today: Dow tops 40,000 for the first time as Wall Street drifts higher
Stronger-than-expected profit reports have been one of the main reasons U.S. stock indexes jumped through May to records following a tough April.