Market Report: Dow closes at record high, falls short of 14,000

Although the DOW did not finish above 14,000, it did cross the mark several times today.  In an interesting article, CNBC reports that this is the third time in one year that the DOW has crossed a millenial mark.

October 2006: 12,000

April 2007: 13,000

July 2007: 14,000

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 As earnings week continues, numerous corporations tout double digit rises in profits:

Merril Lynch: ↑31%

State Street: ↑61%

Sallie Mae: ↑33%

Infosys Tech.: ↑51%

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As always, the price of oil is signficant, finishing today at $74 a barrel.