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Chart of the Day
Today, the Dow Jones Industrial Average (and the S&P 500) rallied and closed at all-time record highs. For some perspective, today's chart illustrates the overall trend of the Dow since 2003. As today's chart illustrates, the Dow has rallied sharply since early 2009. Over the past seven years, the Dow has maintained a trend that remained well within the confines of an upward sloping trend channel (see green and red trendlines). Following the presidential election, stocks rallied once again as investors anticipated legislation favorable to US corporations. With today's gains, however, the Dow is closing in on resistance of its seven-year trend channel.

Notes:
Where's the Dow headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.

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Quote of the Day
"What experience and history teach is this--that people and governments never have learned anything from history, or acted on principles deduced from it." - Georg Hegel

Events of the Day
June 14, 2017 - Flag Day
June 18, 2017 - Father's Day
June 21, 2017 - First Day of Summer (North America)


Stocks of the Day
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ETFs of the Day
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