Dow Has Record High Close
Jul. 14, 1998
NEW YORK (AP) _ The Dow industrials soared to new heights today for the first time in two months, with a boost from stronger-than-expected reports of corporate earnings and fresh signs that inflation remains tame.
The Dow Jones industrial average closed up 148.30 at 9,244.51, according to preliminary figures, surpassing the previous closing high of 9,211.84, reached May 13.