Posted by: youngragingbull | February 12, 2013

Dow closes above 14,000, hits 5 year high

The Dow Jones Industrial Average closed above 14,000 for the first time since Feb. 1, as financial stock gains were countered by losses in the tech sector.

The Dow industrials advanced 47.46 points, or 0.3%, to close at 14,018.70, led by shares of Bank of America Corp., which closed up 3.3% at $12.24.

The index reached a five-year high of 14,038.97 during the session.

The S&P 500 Index rose 2.42 points, or 0.2%, to close at 1,519.43 while the Nasdaq shed 5.51 points, or 0.2%, to close at 3,186.49, weighed down by Apple Inc., which closed down 2.5% at $467.90.

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  1. Reblogged this on The Current Voice.


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