Dow average surges to record as profits stoke 4-year rebound

THE DOW JONES Industrial Average rose to its highest level ever, erasing losses from the financial crisis.  / BLOOMBERG FILE PHOTO/TIM BOYLE
THE DOW JONES Industrial Average rose to its highest level ever, erasing losses from the financial crisis. / BLOOMBERG FILE PHOTO/TIM BOYLE
NEW YORK - The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve. Almost $10 trillion has been restored to U.S. equities as retailers, banks and manufacturers led…

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