The Dow Jones industrial average is creeping toward its all-time high today as it is just 200 points away from the all-time high that it hit in 2007. According to USA Today on Friday, Jan. 25, 2013, at 2:30 p.m. ET, the Dow was just 20 points away from 14,000 with its record high number just a couple of hundred points away.
This gain has seen big name companies like Procter & Gamble and Kimberly Clark post “robust earnings” on Friday, according to USA Today. The NASDAQ was up 0.6% despite Apple’s stock price decline continuing. On Friday Apple’s stock was “neck to neck” with Exxon, which was the world’s most valuable publicly traded company up until last year.
Thursday Apple saw a sharp drop in their stock as it fell 12%. Since it hit its high in September it has fallen 36%. Apple stock accounts for approximately 10% of the NASDAQ Index.
By 3:34 pm ET the Dow was at 13,880.61 and inching closer to the 14,000 mark, which is just around the corner from its all time high of 14,164.53. This is the all-time high that it hit in Oct. 2007.
The price of gold fell $12 and is selling for $1,658 today.