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Dow Sails Past 2007′s All-Time High, Nasdaq Hits Highest Since November 2000
Posted By admin On March 5, 2013 @ 11:39 am In Money Watch | Comments Disabled
March 5, 2013
Stocks held near session highs Tuesday, with the Dow Jones Industrial Average shooting above its 2007 all-time high, propelled by a better-than-expected ISM non-manufacturing index, upbeat economic data from Europe and as China pledged to meet its growth targets.
The Dow Jones Industrial Average soared nearly 150 points, spiking above its all-time high of 14,198.10 hit on October 9, 2007. United Technologies and Bank of America led the blue-chip gainers.
Since the Dow’s high in 2007, Home Depot and IBM have been the biggest gainers, while Alcoa and Bank of America have been the worst performers.
The Dow Jones Transportation Average also touched a record high.
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