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Dow Closes Above 16,000 For The First Time

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November 21, 2013 AT 3:06 PM
The Dow Jones industrial average closed above 16,000 for the first time Thursday as encouraging news on the job market pushed stocks higher, and analysts think there is sustainable growth Since the start of the year, the blue-chip index is up 22 percent. The Dow rose 109 points, or 0.7 percent, to close at 16,009.