The Dow Has Its Best Close Since June 2008
Wall Street shrugged off instability in Egypt to rally to a two-and-a-half year high Tuesday, boosted by encouraging economic data and better-than-expected corporate earnings.
Dow 12000
Stocks Post Gains, but Dow Fails to Hold 12,000
The Dow crossed the technically meaningless but psychologically soothing 12,000 level for the first time since June 2008, but closed just shy of that plateau. Plenty of indicators hint at a pullback -- or even a full-blown 10% correction.
Dow Rallies on Tech Stocks. Next Stop 12,000?
Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2008 -- on the way down.