News Alert: Dow closes above 13,000 for first time since 2008

Tuesday, February 28, 2012

   
The Washington PostTuesday, February 28, 2012 4:22:23 PM
ECONOMY/BUSINESS NEWS ALERT

Dow closes above 13,000 for first time since 2008


The Dow Jones industrial average closed above 13,000 for the first time since May 19, 2008, almost four months before the fall of the Lehman Brothers investment bank triggered the worst of the financial crisis.

The Dow finally reclaimed the ground it held before the carnage of the Great Recession — bailouts, bank failures, layoffs by the million and a stock market panic that cut retirement savings in half.


Read more at:
http://www.washingtonpost.com/business/markets/us-stock-market-futures-trim-early-gains-after-weak-durable-goods-report-oil-prices-dip/2012/02/28/gIQA2v0tfR_story.html



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