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Specialist Michael Pistillo wears a “Dow 26,000” hat as he works on the floor of the New York Stock Exchange, Wednesday, Jan. 17, 2018. Stocks are closing higher on Wall Street, sending the DJIA to its first close above 26,000 points. (AP Photo/Richard Drew)
Dow closes above 26,000 for first time
A broad rally on Wall Street propelled the Dow Jones industrial average to close above 26,000 points for the first time Wednesday. The sharp gains also delivered record highs for the Standard & Poor's 500 index and the Nasdaq composite, wiping out the market's modest losses from a day earlier.
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