Dow Touches 38000 for First Time

The S&P 500 is on track to achieve yet another milestone, as the benchmark index experienced a rise on Monday, following its record-high close last Friday – a feat not accomplished in two years.

Similarly, the Dow industrials, known for their blue-chip status, surpassed the 38,000 mark for the first time after also achieving a record close on Friday.

Investors are set to analyze a plethora of economic data and earnings reports throughout the week.

This includes eagerly awaited releases such as the first reading of fourth-quarter GDP and the Federal Reserve’s preferred inflation gauge, the Wall Street Journal reported.

READ MORE: https://www.wsj.com/livecoverage/stock-market-today-dow-jones-01-22-2024

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