Dow at 14,253 surpasses record

Markets start day up after surges abroad

Posted: March 6, 2013 at 4:43 a.m.

Trader Peter Tuchman smiles as he works on the floor of the New York Stock Exchange Tuesday, March 5, 2013. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average has regained all the losses suffered during the Great Recession and reached a new high. (AP Photo/Richard Drew)

The Dow Jones industrial average closed at an all-time high Tuesday, erasing losses from the financial crisis and recession, and beating the former record set in October 2007.

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