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Business

Dow makes triple-digit gains, closes on record high

Text by NEWS WIRES

Latest update : 2013-03-06

The Dow Jones Industrial Average surged to an all-time high on Tuesday, closing at 126.18 points and surpassing levels seen in 2007. The Nasdaq and Standard & Poor's 500 also saw unexpected gains.

The Dow Jones Industrial Average soared to a record closing high on Tuesday, breaking through levels last seen in 2007 and as investors rushed in to join the party in anticipation of more gains.

Based on the latest available data, the Dow Jones industrial average shot up 126.18 points, or 0.89 percent, to end unofficially at 14,253.92.

The Standard & Poor’s 500 Index rose 14.60 points, or 0.96 percent, to finish unofficially at 1,539.80.

The Nasdaq Composite Index was jumped 42.10 points, or 1.32 percent, to close unofficially at 3,224.13.

(REUTERS)

Date created : 2013-03-05

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