Dow Closes With New Record

NEW YORK (AP) -- The Dow Jones industrial average scored its first close above 12,000 Thursday as Wall Street managed to hold on to gains despite concerns about the strength of the economy.

One day after the index of 30 blue chip stocks made its first foray past 12,000, the Dow closed at 12,011.73, according to preliminary calculations. Strong results from Dow components Coca-Cola Co. and Pfizer Inc. contributed to the average's advance.

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