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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.

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