Dow hits 14,000 for first time since October 2007

NEW YORK Fri Feb 1, 2013 8:52pm IST

The Dow Jones financial electronic ticker is seen at Times Square in New York July 17, 2012. REUTERS/Shannon Stapleton/Files

The Dow Jones financial electronic ticker is seen at Times Square in New York July 17, 2012.

Credit: Reuters/Shannon Stapleton/Files

Related Topics

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)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared
Sensex up over 300 points on energy reform, elections

Sensex up over 300 points on energy reform, elections

The BSE Sensex surges over 300 points and the Nifty gains more than 100 points after the government's energy reforms lead to a rally in energy firms, while wins by Prime Minister Narendra Modi's party in two state elections raise expectations for additional reforms.  Full Article 

REUTERS SHOWCASE

State Elections

State Elections

Modi's BJP makes big gains in state polls.  Full Article 

POSCO Plant

POSCO Plant

India delays decision on iron ore licence for POSCO's $12 bln plant.  Full Article 

HCL Tech Results

HCL Tech Results

Quarterly profit up 32 percent, shares fall   Full Article 

Ebola Vaccine

Ebola Vaccine

GSK says Ebola vaccine development progressing at "unprecedented rate".  Full Article 

Health Check

Health Check

Credibility meets compromise in Europe's bank stress test.  Full Article 

Photo

Legal Reforms

Companies look for more fairness as China eyes legal reforms at key meeting.  Full Article 

Gold Smuggling

Gold Smuggling

With seizures up, Indian gold smuggling loses its shine  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage