Huffpost Business

Dow Closes Above 15,000 Points For First Time Ever

Posted: Updated:
DOW 15000
Trader George Ettinger works on the floor of the New York Stock Exchange Monday, April 29, 2013. (AP Photo/Richard Drew) | AP
Print

NEW YORK (AP) — The Dow Jones industrial average is punching through another milestone: its first close above 15,000.

The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent.

It was another milestone in the market's epic ascent in 2013. Good economic reports, higher corporate profits and support from central banks have eased investors' concerns that another economic slowdown could upend the market.

Two months ago the Dow recovered the last of its losses from the financial crisis. So far this year it's up 15 percent.

The Standard & Poor's 500 rose eight points to 1,625, also a record close. The Nasdaq rose four to 3,396, or 0.1 percent.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3.2 billion shares.

Also on HuffPost:

Close
The Best Performing Stocks Of 2012
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Suggest a correction

Around the Web

Market Gains Could Keep on Coming After Dow 15000

New Records: Dow Ends Above 15000 for First Time; S&P 500 Enters Bull ...

Dow 15000: What It Means, What It Doesn't Mean

5 Rocket Stocks to Buy for Dow 15000

Dow 15000, and the Big Disconnect

Why Stocks Keep Hitting New Records

Dow 15000: 'Sometimes a Bullish Market Is Just a Bullish Market'

Dow Hits Fresh High Above 15000; S&P Pushes to New Record

Stocks: Dow closes above 15000 for first time