Dow nears 07 high ahead of State of the Union address US blue chips approached five-year highs amid upbeat earnings reports and a rally in financial shares. The Dow Jones Industrial Average added 62 points, or 0.5 per cent, to 14,034 in midafternoon trading, putting the benchmark on pace for its highest close since October 2007. The Standard & Poor's 500-stock index gained four points, or 0.3 per cent, to 1521. The Nasdaq Composite Index shed two points, or 0.1 per cent, to 3191 as technology shares lagged behind.