What’s News in Markets: Dow 40K, Meme Stocks, Walmart Growing
WSJ Your Money Briefing
The Wall Street Journal
3.8 • 1.6K Ratings
🗓️ 18 May 2024
⏱️ 4 minutes
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| 0:00.0 | This episode is brought to you by Revolute. Revolute is your perfect travel |
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| 0:23.6 | Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply. |
| 0:29.2 | Hey listeners, it's Saturday, May 18th. |
| 0:36.7 | I'm Francesca Fontana for the Wall Street Journal, |
| 0:39.2 | and this is What's News and Markets, |
| 0:40.9 | our look at the biggest stock moves of the week and the news that drove them. |
| 0:44.0 | Let's get to it. |
| 0:46.0 | 40,000. |
| 0:48.0 | All three major indexes rallied to new heights during the week, but that was the big |
| 0:51.7 | highlight. That I'll cross that milestone for the first time during Thursday's trading session |
| 0:56.0 | before ending just below it. |
| 0:58.0 | A jump in Walmart shares on Thursday |
| 1:00.0 | helped push the Dow higher, |
| 1:01.0 | but more on that later. And on Friday the Dow made it, |
| 1:05.0 | closing above 40,000. Time to break out those commemorative baseball hats. |
| 1:10.0 | Not only do I host this podcast, but I am also an avid podcast listener. I'm sure many of you are as well, |
| 1:18.0 | so many of you are also used to hearing hosts read out the good old. |
| 1:22.0 | This podcast was brought to you by Squarespace. |
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