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. Last Updated: 07/27/2016

Dow Breaks 7,000

NEW YORK () -- The Dow Jones industrial average rose above 7,000 for the first time ever Thursday, with stocks advancing for a third straight session, another milestone in one of the most powerful bull markets in history.

A strong performance brought the 30-stock average, the most-watched index on the world's largest stock market, the New York Stock Exchange, as high as 7,000.89 Thursday before it slipped back to 6,995.88, still a 34.25-point gain with three hours of trading remaining.