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November 18th, 2013
04:24 PM ET

Dow can't hold on to 16,000

New York (CNN Money) - The Dow Jones industrial average topped 16,000 for the first time ever Monday, while the S&P 500 briefly surpassed 1,800. But neither indexes closed above those milestones.

The Dow rose to an all-time high of 16,040.20 but pulled back as the day wore on. The S&P 500 rose to a record of 1,802.37 but finished the day lower.

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