Tuesday, May 09, 2006

Dow Close Second Highest Ever

What was the highest closing during the Hoover administration you ask. That would be 381.

The Dow was up 55.23 today, closing at 11,639.77. Today's close was the second highest ever for the Dow. Today's close was within 85 points of the all time Dow closing high, which was 11,722.98 on 1/14/2000. CNBC reports that the stock market got a late afternoon boost from the approval of tax cut extensions on Capitol Hill.

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