Dow Jones crosses 15,000 for first time ever
A robust April jobs report has eased fears of a market swoon
By Mike ObelTopics: International Business Times, Dow JOnes, Dow Jones Industrial Average, Business News, News
The Dow Jones Industrial Average on Friday topped 15,000 as an unexpectedly robust monthly jobs report from the Labor Department eased fears of a spring swoon. The broader S&P 500 index also crossed into uncharted territory, going over 1,600 for the first time ever.
The surge on Wall Street followed a report from the Burea of Labor Statistics that 165,000 jobs were created in April and the employment rate went down to 7.5 percent from 7.6 percent.
In late morning trading, the Dow was up 1.17 percent while the S&P 500 rose 1.25 percent. The tech-heavy Nasdaq Composite Index jumped 1.3 percent to 3,383 in late morning trading.
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7 motorist-friendly camping sites
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White River National Forest via Lower Crystal Lake, Colorado For those OK with the mainstream, White River Forest welcomes more than 10 million visitors a year, making it the most-visited recreation forest in the nation. But don’t hate it for being beautiful; it’s got substance, too. The forest boasts 8 wilderness areas, 2,500 miles of trail, 1,900 miles of winding service system roads, and 12 ski resorts (should your snow shredders fit the trunk space). If ice isn’t your thing: take the tire-friendly Flat Tops Trail Scenic Byway — 82 miles connecting the towns of Meeker and Yampa, half of which is unpaved for you road rebels. fs.usda.gov/whiteriveryou
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Chattahoochee-Oconee National Forest via Noontootla Creek, GeorgiaBoasting 10 wildernesses, 430 miles of trail and 1,367 miles of trout-filled stream, this Georgia forest is hailed as a camper’s paradise. Try driving the Ridge and Valley Scenic Byway, which saw Civil War battles fought. If the tall peaks make your engine tremble, opt for the relatively flat Oconee National Forest, which offers smaller hills and an easy trail to the ghost town of Scull Shoals. Scaredy-cats can opt for John’s Mountain Overlook, which leads to twin waterfalls for the sensitive sightseer in you. fs.usda.gov/conf
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Nordhouse Dunes Wilderness Area via Green Road, Michigan The only national forest in Lower Michigan, the Huron-Mainstee spans nearly 1 million acres of public land. Outside the requisite lush habitat for fish and wildlife on display, the Nordhouse Dunes Wilderness Area is among the biggest hooks for visitors: offering beach camping with shores pounded by big, cerulean surf. Splash in some rum and you just might think you were in the Caribbean. fs.usda.gov/hmnf
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Canaan Mountain via Backcountry Canaan Loop Road, West Virginia A favorite hailed by outdoorsman and author Johnny Molloy as some of the best high-country car camping sites anywhere in the country, you don’t have to go far to get away. Travel 20 miles west of Dolly Sods (among the busiest in the East) to find the Canaan Backcountry (for more quiet and peace). Those willing to leave the car for a bit and foot it would be remiss to neglect day-hiking the White Rim Rocks, Table Rock Overlook, or the rim at Blackwater River Gorge. fs.usda.gov/mnf
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Mt. Rogers NRA via Hurricane Creek Road, North CarolinaMost know it as the highest country they’ll see from North Carolina to New Hampshire. What they may not know? Car campers can get the same grand experience for less hassle. Drop the 50-pound backpacks and take the highway to the high country by stopping anywhere on the twisting (hence the name) Hurricane Road for access to a 15-mile loop that boasts the best of the grassy balds. It’s the road less travelled, and the high one, at that. fs.usda.gov/gwj
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Long Key State Park via the Overseas Highway, Florida Hiking can get old; sometimes you’d rather paddle. For a weekend getaway of the coastal variety and quieter version of the Florida Keys that’s no less luxe, stick your head in the sand (and ocean, if snorkeling’s your thing) at any of Long Key’s 60 sites. Canoes and kayaks are aplenty, as are the hot showers and electric power source amenities. Think of it as the getaway from the typical getaway. floridastateparks.org/longkey/default.cfm
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Grand Canyon National Park via Crazy Jug Point, Arizona You didn’t think we’d neglect one of the world’s most famous national parks, did you? Nor would we dare lead you astray with one of the busiest parts of the park. With the Colorado River still within view of this cliff-edge site, Crazy Jug is a carside camper’s refuge from the troops of tourists. Find easy access to the Bill Hall Trail less than a mile from camp, and descend to get a peek at the volcanic Mt. Trumbull. (Fear not: It’s about as active as your typical lazy Sunday in front of the tube, if not more peaceful.) fs.usda.gov/kaibab
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As the go-to (weekend) getaway car for fiscally conscious field trips with friends, the 2013 MINI Convertible is your campground racer of choice, allowing you and up to three of your co-pilots to take in all the beauty of nature high and low. And with a fuel efficiency that won’t leave you in the latter, you won’t have to worry about being left stranded (or awkwardly asking to go halfsies on gas expenses).
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