The Dow Jones Just Passed 14,200 for the First Time
Moments after the opening bell rang at the New York Stock Exchange on Tuesday, the Dow Jones Industrial Average busted through its all-time high water mark.
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The Dow Jones Industrial Average closed above 15,000 for the first time ever on Tuesday. However, despite the record-breaking nature of the even, Wall Street seems sort of unimpressed.
Moments after the opening bell rang at the New York Stock Exchange on Tuesday, the Dow Jones Industrial Average busted through its all-time high water mark.
The Dow is hovering around that big round number, and as we finish off a fifth straight week of positive growth for the market, hell, that's not a bad start to 2013.
After another strong quarter the three major stock market indices are way up in 2012, with the NASDAQ rising nearly 20 percent this year.
We hate to spoil your spring, but all of that positive progress the stock market made toward getting the Dow Jones Industrial Average breaking 13,000 seems a little premature after the bottom fell out on Tuesday.
In the financial and political world, people care about the Nasdaq hitting 3,000 because people care about the Nasdaq hitting 3,000.
It flirted with us all week by rising above and finishing below, but finally The Dow Jones Industrial Average has closed a day of trading above 13,000.
The unemployment news has been so good lately that some may have forgotten we're still in a delicate economic recovery, but Tuesday's disappointing reports on housing prices and durable goods orders serve as a reminder that the economic downturn hasn't turned around yet.
Yes, 13,000 points is an arbitrary threshold, but the fact this morning that the Dow Jones Industrial Average reached that mark for the first time since May 2008 lets Obama paint a rosier economic picture just in time for reelection, doesn't it?
Some more sunny economic news today: The Dow shot way up today, buoyed by good jobs numbers released Friday morning, closing at a high it hasn't seen since May 2008.
If you're not a sports person, but you want to make some money off this weekend's Super Bowl, why not bet on whether or not Kelly Clarkson will bare her stomach while singing the National Anthem.
The Dow dropped 389 points today to close at 11,780, while Nasdaq and S&P saw dives over 3 percent. The weakness is being blamed on Europe "as the realization sank in that Italy now must find a new political regime stable enough to implement painful cutbacks and tax increases."
Markets saw losses worldwide Friday
The market remains concerned about a second recession
The number of initial unemployment claims fell below 400,000 for the first time in four months
Dow dips below 11,000 again but some wonder if the markets could get worse
Private employers added fewer jobs than expected last month
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