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Dow Sets Record High
The journey has taken more than five years, but the Dow Jones industrial average pushed through to a record high close.
The blue-chip index hit an all-time intraday high of 14,286.37, spiking above its previous all-time high of 14,198.10 hit on October 9, 2007. So far, the Dow is up nearly 9 percent in 2013, surpassing the 7.3 percent gain for all of 2012.
After the 2007 peak, the Dow plummeted 54 percent over the next 18 months, bottoming out at 6,547 in March of 2009. Since that low, the Dow has more than doubled.
According to preliminary calculations, the Dow closed the trading day up 125.95 points, or .89 percent to 14,253.77.
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