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.

[powered by WordPress.]

Dow Jones Shatters 13,000

by @ 4:48 pm on April 25, 2007.

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

Comments are closed.

[powered by WordPress.]