Major market indexes reached record highs for the fourth week in a row, fueled by inflation data and expectations for interest rate cuts. Meme stocks resurged, while Buffett bought Chubb and Dimon warned about fiscal deficit.
U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.
Berkshire obtained permission from the U.S. Securities and Exchange Commission (SEC) to keep one or more purchases confidential in the third and fourth quarter of last year, presumably to keep the share price from running higher as the purchases were made. Chubb was revealed as the firm's confidential purchase in Tuesday's 13F filing.