Dow Jones Industrial Average closes above 40,000 for the first time

The Dow Jones Industrial Average closed above 40,000 on Friday, the first time it ended a trading session above the milestone.

The blue-chip index closed at 40,003.59, up more than 0.3 percent for the day and more than 10 percent for the week. The index had passed 40,000 briefly Thursday but fell back before the close of that day’s trading.