Dow Sprints Past 40,000 on Rate-Cut Bets; Microsoft Asks Some China Staff to Relocate Amid Tensions | Business Matters Full Broadcast (May 16)

The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time, on hopes of U.S. interest rate cuts and strong earnings before stocks turned mostly flat in afternoon trading. Walmart raised its full-year forecast and reported better-than-expected quarterly results on Thursday, betting that easing inflat...