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Apparently unfazed by the fact that unemployment has increased to 7.9 percent, the Dow Jones Industrial Average is going gangbusters!
Here’s how the Dow closed today:
And here’s a five-year breakdown:
Yup, as the above charts show, the Dow finally traded above 14,000, something it hasn’t done since October 2007.
Crossing 14,000 means that the Dow is the second major index to post a five-year high in the past two weeks. The Standard & Poor’s 500 for the first time since Dec. 10, 2007 traded above 1,500 last week.
Follow Becket Adams (@BecketAdams) on Twitter
Featured image courtesy Getty Images. This post has been updated.
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