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Fri Feb 1, 2013, 10:31 AM

Dow Jones industrial average trades above 14,000 for 1st time since Oct. 17, 2007

Via AP on twitter

Update with link:

http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-02-01-10-14-04

NEW YORK (AP) -- The Dow Jones industrial average climbed above 14,000 for the first time since the Great Recession.

The index rose as high as 14,000.97 in early trading. The index last traded above 14,000 in October 2007.

The Dow has gained 6.7 percent since the start of the year.

A budget deal, struck at the start of the year in Washington, that allowed the U.S. to avoid the "fiscal cliff" was the catalyst for a January rally. Investors then pushed stocks higher amid optimism that the housing market is maintaining its recovery and that the jobs market is slowly healing.

The index has more than doubled since falling to close at low of 6,547.05 March, 3, 2009 after the Great Recession.

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Reply Dow Jones industrial average trades above 14,000 for 1st time since Oct. 17, 2007 (Original post)
The Straight Story Feb 2013 OP
chillfactor Feb 2013 #1
The Straight Story Feb 2013 #2
tjwash Feb 2013 #4
denverbill Feb 2013 #3
A HERETIC I AM Feb 2013 #5

Response to The Straight Story (Original post)

Fri Feb 1, 2013, 10:37 AM

1. I have been watching the board....

it has been close but not over 14000 yet

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Response to chillfactor (Reply #1)

Fri Feb 1, 2013, 10:40 AM

2. Link:

NEW YORK (AP) -- The Dow Jones industrial average climbed above 14,000 for the first time since the Great Recession.

The index rose as high as 14,000.97 in early trading. The index last traded above 14,000 in October 2007.

The Dow has gained 6.7 percent since the start of the year.

A budget deal, struck at the start of the year in Washington, that allowed the U.S. to avoid the "fiscal cliff" was the catalyst for a January rally. Investors then pushed stocks higher amid optimism that the housing market is maintaining its recovery and that the jobs market is slowly healing.

The index has more than doubled since falling to close at low of 6,547.05 March, 3, 2009 after the Great Recession.

http://hosted.ap.org/dynamic/stories/U/US_WALL_STREET?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-02-01-10-14-04

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Response to chillfactor (Reply #1)

Fri Feb 1, 2013, 11:25 AM

4. currently at 14000.94

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Response to The Straight Story (Original post)

Fri Feb 1, 2013, 11:23 AM

3. It's that damned socialist in the White House. He's bad for business!

Why didn't the American people hire another businessman, like George W Bush? The Dow went from 13500 to 7600 under Bush!

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Response to denverbill (Reply #3)

Fri Feb 1, 2013, 11:28 AM

5. 14,000 to 6600, just to give him his due.

Although the last bottoming didn't occur till a month after Obama was sworn in.

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