NEW YORK (NEWSnet/AP) — Dow Jones Industrial Average topped the 40,000 level for the first time Thursday, as U.S. stocks drifted higher to add to records set a day prior.

Dow was up 106 points, or 0.3%, at 40,014, in midday trading. It made its last leap of 10,000 points in about 3-1/2 years.

S&P 500 was 0.2% higher, as of 11:40 a.m. Eastern time. The Nasdaq composite was up 0.2%. They also had rallied on Wednesday to all-time highs.

Walmart was one of the strongest forces lifting the market, rising 6%.  On the losing end, Deere fell 3.2% despite reporting stronger profit for its latest quarter than expected.

Under Armour swung from an early loss to a slight gain. GameStop and AMC Entertainment slid for a second straight day.

Homebuilders fell following the weaker-than-expected report on housing starts. Lennar fell 2.1%, and D.R. Horton slipped 2%.

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