Dow 12,500

Yesterday, the Dow closed above 12,500 for the first time ever. But the Dow has actually been a laggard. If the Dow had merely kept pace with the Wilshire 5000 over the last four years, which is the broadest measure of the market, then the index would currently be over 14,300.
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Posted by on December 28th, 2006 at 12:15 pm


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