Dow Closes Above 14,000 For First Time

AP Via Newsday   |  Tim Paradis   |   July 19, 2007 03:59 PM


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Wall Street moved soundly higher Thursday, sending the Dow Jones industrials to their first close above 14,000 as investors kept jitters about the economy at bay and focused on a string of upbeat earnings reports.

The Standard & Poor's 500 index also had a record close.

Profit news from companies like International Business Machines Corp., network equipment maker Juniper Networks Inc., and business software company SAP AG help lift stocks and boosted investors' appetite for technology issues.

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