Your Reading List

Global Markets: Dow breaks 40,000

Reading Time: < 1 minute

Published: May 17, 2024

By Phil Franz-Warkentin

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.

 

  • The Dow Jones Industrial Average climbed about 40,000 points for the first time ever on Thursday, underpinned by improving economic confidence in the United States and a strong earnings season.

 

  • Trucks began moving humanitarian aid supplies through a temporary pier off the Gaza coast on Friday. The pier was built by the U.S. military, with the aid shipments donated by several countries and organizations.

 

  • Canadian investors acquired a record C$35.6 billion of foreign securities in March while foreign investors added C$14.4 billion of Canadian securities during the month, according to a report from Statistics Canada. As a result, there was a net outflow of C$21.2 billion from the Canadian economy.

About the author

GFM Network News

GFM Network News

Glacier FarmMedia Feed

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

explore

Stories from our other publications