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Dow closes at a record high, erases loss for year

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NEW YORK — The Dow Jones industrial average is closing at an all-time high. A gain of 45 points Wednesday left the Dow at 16,580, four points above the record high it set on Dec. 31. The Dow hadn't been in the black for 2014 until today. The Standard & Poor's 500 index increased five points, or 0.3 percent, to 1,883. The index is seven points below the record high set April 2. The Nasdaq...

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