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Nasdaq edged down. 26 , the star of the show was the Dow Jones Industrial average, which briefly crossed above 40,000. Hallelujah before pulling back a bit and closing down 39 points. Still, thats a huge leap from where we arrived at dow 30,000 back in november of 2020. So you know what . I think its worth exploring what stocks got us here and why. During this period weve constantly been told that tech is the market leader. But when i look at the top ten stocks up the most during dows trip from 30,000 to 40,000 very surprising group. Only two of them from tech. We also were told Interest Rates is all that matters but thats played a smaller role than expected too. Only the tenth stock really impacted. Instead its an odd grouping where the main thing these companies have in common is very strong exceptional management. Lets run them down so we can learn what the market re ....
You by meso book if you or a loved one have mesothelial, will send you a free book to answer questions you may have call now and well come to you 808 to one 4,000 all right. Donald trump and joe biden agreed to finally face off twice, no less but was not there are hey, junior, could they come to maybe regret this decision . Ill explain. Also, tonight will take you inside the other criminal trial in manhattan. How senator bob menendez is trying to explain away those gold bars and stacks of cash in his bribery trial plus, after years of silence, he tweeted one image and sent meme stocks soren, the bizarre comeback of the one they call Roaring Kitty. Tonight and Laura Coates Live well, its one of the longest president ial campaigns ever but whos counting with the oldest candidates ever . Everyones counting. And now well feature the earliest debates ever. Welcome to the latest ....
Today, as well and while those big round numbers are nice and they do get attention, well talk about what they really mean. We turn to Michael Santoli for more on this historic milestone. Mike . Kelly, the more indexes make a new high when we have been rallying the better to lend credence to it. In terms of the actual round number and the 40,000 theres mental accounting involved. I do think people have a general sense of where the market is and you flip from three to four on the odometer and you notice that the markets been doing well. I dont expect this level to have any particular relevance in terms of creating a barrier that would last a long time aside from the fact that the dows up 5 in two weeks and we have had a nice sprint higher to recover those losses from the april pullback, it seems like its not necessarily something that should stand in the way of further gains or for that matter cause a flush of new money into the m ....
Morning to you. Thanks for starting your morning with us. Im marcus washington, im laura garcia. Were going to start out with traffic this morning, because mike has been following some breaking news that certainly impacting the morning commute huge impact the nimitz as you travel through hayward really jammed up two separate crashes weve learned involving six vehicles total. But two of those vehicles reportedly on fire. Now the good news i got word there are no major injuries. Major impact to the traffic, though for a short period of time, we had all southbound lanes blocked. Just about whipple, just past there. So alvaradoniles, lets talk about that. If you enter the freeway south of alvaradoniles into union city and fremont, youre okay heading south. If youre north of there, things will jam up as you approach 92 with the build coming off the castro valley. Y hyperion is a big surface street transitioning onto union city boulevard, but you see that a lot of traffic is heading across t ....