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Tuesday, January 10, 2006

Can the Dow Hit All-Time Highs?

Can the Dow hit all-time highs? That is the question stock index traders are asking, as the March Dow futures have solidly closed above the psychologically important 11,000 level. The market is a little more than 7% below the all-time high at 11,840, which was reached back in January of 2000. Corporate earnings have driven the Dow to these lofty levels recently, averaging double-digit gains in 2005. Read More....