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The Dow is only 304 points from its nominal high.
A mere two years after its price raced to a nominal high, gold is sinking — fast.
The Russell 2000 index, which is made up of smaller companies, also hit a nominal high.
It was the Dow's sixth consecutive increase, and it was a new nominal high.
Crude oil for November delivery settled at a new nominal high of $87.61 a barrel, up $1.48.
The index is just 46 points below its own nominal high of 14,865 reached on April 11.
Similar(22)
Both indexes first reached nominal highs earlier this year, then kept climbing.
Both indexes also closed at nominal highs on Thursday.
The stock market has been doing well, reaching new nominal highs in recent weeks.
Gold has been hitting all-time nominal highs, and oil prices have shattered the inflation-adjusted record set in 1980 during the Iranian hostage crisis.
The multibillionaire investor Warren E. Buffett said on Monday that stocks were "reasonably priced," although the Dow and the S.& P. 500 had hit nominal highs.
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