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Dow revisits 14,000

Is this a sign of the top or a new leg up?

10:04 PM, Feb. 1, 2013
Trader Frederick Reimer works on the floor of the New York Stock Exchange, Friday. The Dow Jones industrial average moved above 14,000 for the first time since October 2007.
Trader Frederick Reimer works on the floor of the New York Stock Exchange, Friday. The Dow Jones industrial average moved above 14,000 for the first time since October 2007.
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When it comes to big, round numbers with major investment significance, 14,000 is as big as it gets for the Dow Jones industrial average.

Indeed, Dow 14,000 is back in play and in the headlines after the iconic 117-year-old blue chip index topped that lofty milestone Friday for the first time since October 2007.

The move pushed the world's best-known stock gauge up 149.21 points to close at 14,009.79 for its best level since the 2008 financial crisis. The benchmark index is not far from its Oct. 9, 2007, all-time high of 14,164.53 and the move is prompting talk of a new peak, maybe 15,000. ...

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