Stocks Close Near Record Highs

Stocks Close Near Record Highs
(New York, NY) -- Stocks are closing near record highs. The Dow Jones Industrial Average hit a new intraday high today after better than expected earnings from Citigroup. Stock in pharmaceutical maker Perrigo Company spiked more than eight percent on rumors that it may be the target of an acquisition. The Dow closed 112 points higher to 17-055. The Nasdaq gained 25 points to 44-40. The S&P 500 climbed ten points to 19-77.