Dow Jones closes over 40,000 for the first time ever.

Dow Jones closed above 40,000 for the first time on Friday.

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The index ended at 40,003.59, marking a 0.3% rise for the day.

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Analysts credit renewed confidence in the Fed's inflation strategy for the market's gains.

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John Lynch from Comerica Wealth Management sees the milestone as a testament to economic resilience.

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The Dow's ascent paused in March over inflation concerns.

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Major contributors to the Dow's rally include Microsoft and Goldman Sachs.

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Surpassing 40,000 is a significant milestone psychologically, says Chris Zaccarelli.

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Some analysts caution against buying into a market with record valuations.

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Concerns include prolonged high inflation and soft retail sales.

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New inflation data suggests a more manageable rate, potentially influencing the Fed's decisions.

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