The Dow Jones industrial average topped its record-high close this morning, reaching a milestone in Wall Street's recovery from nearly seven years of corporate upheaval, economic recession and the impact of terrorism. The previous high close was 11,722.98 set on Jan. 14, 2000.
Lifted by growing optimism about stable interest rates and a soft landing for the economy, the Dow rose to 11,724.86 in morning trading, before slipping back to 11,699.08. It faced one more milestone, its intraday high of 11,750.28, before it could move into uncharted territory.
Where do we go from here...?