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UPDATED: Dow Closes Above 14K For the First Time Since 2007


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.

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Featured image courtesy Getty Images. This post has been updated.

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