Dow Jones Reaches Record High

NEW YORK: Even in this economy with the Budget Sequester in effect in the USA, the Dow Jones reaches an all-time record high; fueled by China's strong economic growth and a jump in European retail sales.

Wall Street

Shortly after the opening bell the Dow was trading at 14,222. It's on track to close above its record of 14,164 reached on Oct. 9, 2007. It's up 7.8 percent for the year.

The Standard & Poor's index rose 11 points to 1,536. It's also within striking distance of its own record of 1,565.
The Nasdaq was up 30 points at 3,212.

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03/05/13 09:47 AM ET EST  ap_wire

 

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