The Dow reached 14,000 a little while ago. And slid back to 13,990-something. It’s creeping back up now. There was no fanfare or cheering on the floor. The record is 14,162 (my recollection), set before 9/11. During the horrific slide into economic depression it was below 6,000.
While the stock market numbers are a significant indication of the economy, it is but one. The realities of Wall Street don’t necessarily reflect the realities of Main Street. But the surge is credited to optimism of the jobs report. Despite that, we still have 12 million unemployed.