Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

International Francophone Games kick off in Abidjan

Read more

THE INTERVIEW

Iran open to dialogue with Saudis, says top diplomat

Read more

MEDIAWATCH

Spicer bows out of White House

Read more

FOCUS

Iraq's Mosul: Rebuilding a city fractured by sectarian mistrust

Read more

FRANCE IN FOCUS

Bistrot or bust? Why France's famed cafés are disappearing

Read more

REPORTERS

Video: Afghans live in fear as kidnappings soar

Read more

EYE ON AFRICA

Kenya court rules Dubai firm can print presidential ballots

Read more

ENCORE!

Omar El Akkad's 'American War': A tale of US dystopia

Read more

BUSINESS DAILY

Exxon sues US over $2m fine for violating Russia sanctions

Read more

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

COMMENT(S)