Record Dow?
Alexandra Twin of CNN/Money writes:
The 30-share Dow (up 19.85 to 11,689.24, Charts) added 0.2 percent, closing roughly 34 points short of its record closing high of 11,722.98, hit on Jan. 14, 2000. The record trading high is 11,750.28.
The general price-level today is about 16.7% higher than its was in early 2000. That circa 11,723 close back on 1/14/2000 would translate into an inflation-adjusted Dow of 13,681 in today’s dollars.