The Dow Jones Industrial Average is trading at a near all-time high. On May 16 the Dow hit 40,000 for the first time in history following a favorable inflation report. Hitting this milestone is a massive deal for the venerable index and the stock market. It shows the market is still booming even in this environment of high interest rates. The Dow comprises 30 major companies and has grown by 20% over the last year. Other stock market indices, such as the Nasdaq and S&P 500, have also performed very well ove ...