Dow Hits 16K for First Time

And S&P is trading above 1.8K

By Polly Davis Doig,  Newser Staff

Posted Nov 18, 2013 8:51 AM CST

(Newser) – The Dow Jones Industrial Average crossed the 16,000 threshold this morning for the first time, with Boeing—bolstered by hefty 777X orders at the Dubai Airshow yesterday—acting as one of the day's biggest movers, reports the AP. The S&P 500, meanwhile, was trading above 1,800; that index is up 26% on the year.

FILE - In this Tuesday, Nov. 12, 2013, file photo, traders John Bowers, left, and Peter Tuchman work on the floor of the New York Stock Exchange.
FILE - In this Tuesday, Nov. 12, 2013, file photo, traders John Bowers, left, and Peter Tuchman work on the floor of the New York Stock Exchange.   (Richard Drew)
In this Nov. 13, 2013 file photo, trader Frederick Reimer, center, uses his mobile phone as he works on the floor of the New York Stock Exchange, in New York.
In this Nov. 13, 2013 file photo, trader Frederick Reimer, center, uses his mobile phone as he works on the floor of the New York Stock Exchange, in New York.   (Richard Drew)
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