Published: May 17, 2024, 04:50 IST | Updated: May 17, 2024, 04:50 IST
World Business Watch May 17, 2024, 04:50 IST
Third straight day of record intraday high for world stock index
Slowing US consumer prices in April and hopes of Fed rate cuts drove the DOW Jones industrial average to the 40,000-mark for the first time on Thursday. That also helped the world stock index score a third straight day of record intraday high.