Stock Market Today: Dow Nabs First-Ever Close Above 40,000

Robinhood stock popped after a double-upgrade from BofA Securities, while Reddit jumped on a new OpenAI deal.

closeup of black stock chart with red and green bars
(Image credit: Getty Images)

Stocks stayed choppy Friday as the main indexes hovered near record highs. Amid a relatively light economic calendar, market participants sifted through single-stock headlines for potential catalysts.  

In earnings news, Take-Two Interactive Software (TTWO) gained 1.2% as the company's stronger-than-expected fiscal fourth-quarter bookings offset news that it delayed the release of its Grand Theft Auto VI until the fall of 2024. 

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.