Dow crosses 40,000 milestone for first time, trades at all-time high

Major US stock markets traded higher on Thursday, with the Dow Jones crossing the 40,000-point milestone for the first time. Markets have been buoyed by optimism following the latest April CPI report, which showed that the figure fell from 3.5% to 3.4%. At 10:50 am ET, the Dow Jones gained 0.28% or 111 points to reach 40,019, the Nasdaq 100 added 0.23%, and the S&P 500 rose 0.22%. On the currency front, the euro was down by 0.15% against the dollar, selling for $1.08679. NN: Now you know why as of yet i am not shoring this insanity.