Dow hits 14,000 for first time since October 2007
NEW YORK (Reuters) - U.S. stocks extended gains on Friday, with the Dow industrials trading above 14,000 for the first time since October 2007, as jobs and manufacturing data pointed to a stronger U.S. economy.
The Dow Jones industrial average rose 133.89 points or 0.97 percent, to 13,994.47, the S&P 500 gained 12.09 points or 0.81 percent, to 1,510.2 and the Nasdaq Composite added 24.44 points or 0.78 percent, to 3,166.58.
The Dow hit a session high of 14,000.97, a level not seen since October 17, 2007, up more than 1 percent on the day.
(Reporting by Rodrigo Campos; Editing by Bernadette Baum)
- Tweet this
- Share this
- Digg this
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- RBI says all companies must apply 2-step payments for credit cards
- First trucks from aid convoy to Ukraine cross back into Russia
- Indians keep faith with Modi, best hope for economy - poll
- Merkel says tightening Ukraine-Russian border is key to peace deal
The Reserve Bank of India said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases. Full Article
India to hike iron ore royalty, miners may struggle to pass on extra cost. Full Article