Dow Jones Industrial Average Closes At All-Time High Of 16,580 - Presented by: The Aol. On Network

Stocks edged up on Wednesday, pushing the Dow through its all-time high, as investors welcomed the Federal Reserve's reduction of monthly bond purchases while looking past data showing the economy slowed more than expected in the first quarter.The Dow Jones Industrial Average, which has been slowly climbing for several days, closed unofficially 45 points higher at 16,580.84, eclipsing its record high close of 16,576.66, last Dec. 31. The S&P 500 rose 5 points and the Nasdaq was 11 points higher.



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