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Dow ends at record high on economic optimism
The Dow Jones Industrial Average soared to a record closing high on Tuesday, breaking through levels last seen in 2007 and as investors rushed in to join the party in anticipation of more gains.
Based on the latest available data, the Dow Jones industrial average shot up 126.18 points, or 0.89 percent, to end unofficially at 14,253.92. The Standard & Poor's 500 Index rose 14.60 points, or 0.96 percent, to finish unofficially at 1,539.80. The Nasdaq Composite Index was jumped 42.10 points, or 1.32 percent, to close unofficially at 3,224.13.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
A board displays the Dow Jones Industrial average after the close at the New York Stock Exchange, March 4, 2013. The Dow closed within 40 points of its all-time closing high, recovering from early losses on plans to tighten curbs on China's housing market, as well as a slowdown in the growth of that country's services sector. (REUTERS/Brendan McDermid)
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