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DOW finishes at all time high for Fourth of July

By WKTV News

NEW YORK (WKTV) - It's an Independence Weekend celebration on Wall Street as the DOW Jones Industrial Average closed above 17,000 for the first time ever, Thursday.
 
The gain followed the U.S. Government's report of a surge in hiring last month. 
     
The DOW rose 92 points, or 0.6%.
     
The S&P 500 is also flirting with a milestone of 2,000, and the S&P is the measure most financial experts watch more closely.
 
"After the crash of 2008 this is kind of a good marker," said Honorine Wallack, of M Griffith Financial. "The problem is we don't want to raise everyone's expectations into thinking 'oh now we're on our way to a bull market.' 
 
"It's going to have to be a slow process, and you have to remember that's only 30 stocks, and it's not as big as the S&P 500."
 

The trading floor closed early today in honor of July 4th.  

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