Dow Has Its First Close Above 15,000 Points
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.
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.
The Dow and S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report.
The engines driving the stock market were more tepid than turbocharged Thursday, but they were enough to help stocks rise for a fifth straight day.
The stock market briefly dropped, then recovered, after the Associated Press' Twitter account was hacked and a fake tweet about an attack on the White House was posted.
Caterpillar's profit and sales came in short of expectations. It also forecast that sales for the full year will be below target, because of slow growth in the world economy.
A market run-up was interrupted Monday when stocks had their biggest decline since November. Worries about an economic slowdown in China led to a drop in commodity prices.
The stock market had its worst drop this year as prices for oil and other commodities fell sharply on concerns about slowing growth in China.
Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight.
It’s happened in each of the past three years, and a growing number of market watchers say it’s likely to happen again: The market could be due for a spring pullback.
Stocks fell on Monday on renewed concerns about Cyprus and the euro zone, which wiped away earlier gains that drove the S&P 500 to less than a point away from its record close.
U.S. stocks fell Friday, ending the longest winning streak for the Dow Jones industrial average in nearly 17 years.
Wall Street rose modestly on Monday, lifting the Dow to another record and giving the S&P 500 its seventh straight advance as early weakness enticed buyers. The gains briefly lifted the benchmark S&P 500 index to its highest intraday level since October 2007.
A burst of hiring in February pushed stocks higher on Wall Street. The Dow Jones industrial average gained 67.58 points, or 0.5 percent, to 14,397.07, surpassing its previous record close Tuesday and logged a sixth straight increase Friday.
U.S. stocks closed modestly higher on Thursday, with the Dow ending at a record for a third straight day as jobless claims data pointed to a pick-up in the labor market's recovery a day before the closely watched payrolls report.
The past 36 hours should have been a moment of unbridled celebration for cheerleaders of American capitalism, as the Dow Jones Industrial Average had two successive record-breaking closes, and Hugo Chávez died after a two-year illness.














