Wall Street pares gains, now mostly flat; Dow briefly tops 40,000 for the first time

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Still, Wall Street achieved a big milestone in the morning after the blue-chip Dow ( DJI) crossed 40,000 points for the first time ever. The venerable stock index hit a session high at 40,051.05 points and then retreated. It was last up 0.01% to 39,913.03 points in afternoon trade.