Dow Closes at Five-Year High

The U.S. stock market soared to a new five-year high today, as the Dow Jones industrial average rose 175 points, decisively crashing through the 14,000 barrier.

Despite threats from home (the sequester) and abroad (Italy-inspired Euro turmoil), investors seem to be convinced that U.S. economic growth is solid and companies will continue to prosper. Read more at CNBC.

{Andy Heller-Matzav.com Newscenter}

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One Response to “Dow Closes at Five-Year High”

1. Comment from Oldtimer
Time February 27, 2013 at 9:17 PM

Here we go again. When will they ever learn? A healthy Wall Street doesn’t mean a healthy economy. People working means a healthy economy. Wall Street’s “exuberance” got us the last crash. Are we going to let them take us there again?