The cable business networks are partying like its 2007!
At 10:08AM, the Dow Jones Industrial Average passed 14,000, heights not seen since Oct., 2007. “You have no idea how long we’ve been waiting to use that graphic once again,” said Carl Quintanilla on CNBC. The Dow’s record high is 14,164.53, a record that is tantalizingly in reach.
Not surprisingly, once the milestone was reached, CNBC, Fox Business Network and Bloomberg marked the occasion.