A 12,011 Dow Day

Summary


NEW YORK -- The Dow Jones industrial average scored its first close above 12,000 Thursday as Wall Street, undaunted despite evidence of a weaker economy, held fast to a slim advance.

The stock market's most prominent benchmark ended the day at 12,011.73, the ninth time in just over two weeks that the Dow has achieved a record high close. The record came one day after the index of 30 blue chip stocks made its first foray past 12,000.

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A 12,011 Dow Day

The Dow's latest milestone came on the anniversary of Black Monday in 1987, when the Dow plunged 508 points and also...

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