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Premarket: Dow to edge closer to record high Add to ...

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U.S. stocks should edge closer to their highest levels in history as trading gets underway this morning, as a bit of the momentum from Wednesday's late-day surge carries into today

The Dow Jones industrial average closed up 175 points on Wednesday, for a two-day gain of 290 points. That has left it just 89 points from its record close of 14,164.53 on Oct. 9, 2007. U.S. stock index futures suggest a more modest gain at the open of today's session, but the index should be within spitting distance of that high - which doesn't, of course, factor in the impact of inflation. The more broader S&P 500 index has a little further to go; its record high is about 50 points away, at 1,565.15.

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