Dow Jones closes above 15,000 for first time

The Standard & Poor's 500 rose eight points to 1,625, another record

Topics: Associated Press, Wall Street, New York Stock Exchange, Nasdaq, Dow JOnes, ,

Dow Jones closes above 15,000 for first timeA board on the floor of the New York Stock Exchange (Credit: AP/Richard Drew)

NEW YORK (AP) — The Dow Jones industrial average is punching through another milestone: its first close above 15,000.

The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent.

It was another milestone in the market’s epic ascent in 2013. Good economic reports, higher corporate profits and support from central banks have eased investors’ concerns that another economic slowdown could upend the market.

Two months ago the Dow recovered the last of its losses from the financial crisis. So far this year it’s up 15 percent.

The Standard & Poor’s 500 rose eight points to 1,625, also a record close. The Nasdaq rose four to 3,396, or 0.1 percent.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3.2 billion shares.

More Related Stories

Featured Slide Shows

  • Share on Twitter
  • Share on Facebook
  • 1 of 11
  • Close
  • Fullscreen
  • Thumbnails
    Rose Jay via Shutterstock

    Most popular dog breeds in America

    Labrador Retriever

    These guys are happy because their little brains literally can't grasp the concept of global warming.

    Hysteria via Shutterstock

    Most popular dog breeds in America

    German Shepherd

    This momma is happy to bring her little guy into the world, because she doesn't know that one day they'll both be dead.

    Christian Mueller via Shutterstock

    Most popular dog breeds in America

    Golden Retriever

    I bet these guys wouldn't be having so much fun if they knew the sun was going to explode one day.

    WilleeCole Photography via Shutterstock

    Most popular dog breeds in America

    Bulldog

    This dude thinks he's tough, but only because nobody ever told him about ISIS.

    Soloviova Liudmyla via Shutterstock

    Most popular dog breeds in America

    Beagle

    This little lady is dreaming about her next meal-- not Sudden Infant Death Syndrome.

    Labrador Photo Video via Shutterstock

    Most popular dog breeds in America

    Yorkshire Terrier

    This trusting yorkie has never even heard the name "Bernie Madoff."

    Pavla via Shutterstock

    Most popular dog breeds in America

    Poodle

    She is smiling so widely because she is too stupid to understand what the Holocaust was.

    Aneta Pics via Shutterstock

    Most popular dog breeds in America

    Boxer

    Sure, frolic now, man. One day you're going to be euthanized and so is everyone you love.

    Dezi via Shutterstock

    Most popular dog breeds in America

    French Bulldog

    He's on a casual afternoon stroll because he is unfamiliar with the concept of eternity.

    Jagodka via Shutterstock

    Most popular dog breeds in America

    Rottweiler

    Wouldn't it be nice if we could all be this care-free? But we can't because we are basically all indirectly responsible for slavery.

  • Recent Slide Shows

Comments

0 Comments

Comment Preview

Your name will appear as username ( settings | log out )

You may use these HTML tags and attributes: <a href=""> <b> <em> <strong> <i> <blockquote>