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:

Reuters Showcase

Markets Weekahead

Markets Weekahead

Focus on sectors which will build India: Ambareesh Baliga.  Full Article 

FMC-SEBI Merger

FMC-SEBI Merger

Regulatory shakeup could revive commodities markets   Full Article 

Tax Incentives

Tax Incentives

Budget woos foreign investors  Full Article 

Excise Duty

Excise Duty

Cigarette makers fall after budget hikes excise duty  Full Article 

Welcoming the Budget

Welcoming the Budget

India Inc cheers corporate tax cut, simpler rules  Full Article 

Gold Price

Gold Price

Gold prices to rise after budget keeps import duty high  Full Article 

Fuel Prices

Fuel Prices

IOC to raise diesel, petrol prices from Sunday  Full Article 

Moody's on Budget

Moody's on Budget

Budget "credit neutral" from a ratings perspective - Moody's   Full Article 

Reuters India Mobile

Reuters India Mobile

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