Dow Hits Record High March 5, 2013  12:31 pm

dow-jonesThe Dow Jones industrial average Tuesday morning surpassed its all-time intra-day of 14,198. An early rally sent the Dow above 14,200, thus establishing a new high-water mark. The Dow has now recovered all the ground it had lost since the fall of 2007.

The Dow’s average fell a whopping 54 percentage points after its 2007 peak, reaching its bottom of 6,547 in March 2009. “It’s a testament to what the Fed has done and what investors have done to move beyond the financial crisis,” said Jack Ablin of Chicago’s BMO Private Bank. No word yet on what the Fed is planning to do about mass unemployment. Read more at CNBC.

{Andy Newscenter}

5 Responses to Dow Hits Record High

1 .Comment from ??????

March 5, 2013 at 4:47 pm
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2 .Comment from nothing doing

March 5, 2013 at 4:50 pm
this does not make any difference we are still in recession

3 .Comment from Card player

March 5, 2013 at 7:17 pm
as solid as a house built out of a deck of cards.

4 .Comment from Bas

March 5, 2013 at 9:13 pm
The stock market is a farce. Only an idiot considers it a parnassa.

5 .Comment from Anonymous

March 5, 2013 at 11:42 pm
Congratulations tomorrow. You are here to stay from this perspective today.


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