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Dow Hits Highest Close Ever. Updated March 5, 2013 7:33 p.m. The Dow Jones Industrial Average surged to its highest closing level ever, finally overcoming the losses tied to the financial crisis on the back of a tenacious stock rally that began in March 2009. And the blue chips did it with an exclamation pointâa 125.95-point blast that left the old record in the dust.
The S&P 500 and Nasdaq are also at record highs. Of course, it's not as if investors have suffered during Obama's tenure. The Dow has nearly tripled since hitting a low of about 6,400 in March 2009 -- shortly after Obama took office in the midst of the Great Recession. The latest rally is spectacular in how the market has swung in the weeks leading to the election and after. Related: Market euphoria forgets Trump's scary campaign promises.