Below The Beltway

I believe in the free speech that liberals used to believe in, the economic freedom that conservatives used to believe in, and the personal freedom that America used to believe in.

Dow Jones Shatters 13,000

by @ 4:48 pm on April 25, 2007. Filed under Business, Economics, Personal Finance

Not only did the Dow Jones Average pass 13,000, it positively shattered it:

NEW YORK (CNNMoney.com) — The Dow industrials jumped 136 points Wednesday afternoon to close above 13,000 for the first time as investors hailed upbeat earnings from Amazon.com, possible asset sales by Alcoa and a strong reading on the economy.

The gain in the Dow Jones industrial average (up 136.44 to 13,090.38, Charts) was equal to about 1 percent, according to early tallies. The blue-chip index also hit a new intraday high of 13,107.45 during the session.

The broader S&P 500 (up 15.36 to 1,495.77, Charts) index also added 1 percent and ended at a fresh six-year high. The Nasdaq (up 23.50 to 2,548.04, Charts) added 0.9 percent and ended at a new six-year high.

All in all, a good day on Wall Street

Post to Twitter Post to Digg Post to Facebook Post to Reddit Post to StumbleUpon

Comments are closed.

[Below The Beltway is proudly powered by WordPress.]