Dow hits 19,999.63 and retreats, as 20K milestone nears

How the Dow got to 19,000

How the Dow got to 19,000

A mere 0.37 points. That’s how tantalizingly close the Dow got to hitting the 20,000 milestone for the first time ever.

The brush with history underscores the psychological barrier Wall Street has hit in recent weeks following the post-election euphoria. The Dow climbed to as high as 19,999.63 just after noon ET on Friday, coming the closest yet to the 20,000 level. In the end, it closed the day at 19,964.

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