Dow Breaks 14,000 for 1st Time Since 2007

The Dow Jones industrial average has more than doubled since it hit a low of 6,547.05 in 2009

Tuesday, Apr 23, 2013  |  Updated 12:33 PM EDT
View Comments (
)
|
Email
|
Print
Dow Breaks 14,000 for 1st Time Since 2007

Getty Images

The Dow Jones industrial average pushed above 14,000 in early trading on Friday, marking the first time the index has risen above that mark since Oct. 17, 2007.

advertisement

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.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Follow us on Instagram!
We post photos taken by our news... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out