Meric Greenbaum works on the floor of the New York Stock Exchange on Thursday. (AP Photo/Richard Drew, File)

NEW YORK (AP) — The Dow Jones industrial average, an index of 30 U.S. stocks and a gauge of financial markets, closed at a record high of 14,253 on Tuesday. The Dow has more than doubled since hitting a 12-year low in March 2009.

How have stocks managed to recover and where is the market is headed?

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