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January 26, 2011 in Business
Dow breaks above 12,000 for first time in years
NEW YORK – The Dow Jones industrial average slipped after rising above 12,000 for the first time in two and a half years.
The blue chip stock index traded above 12,000 for most of the day but fell in late afternoon trading. It finished with a modest gain.
Weak profit forecasts from Boeing Co. kept the Dow from posting bigger gains. The company fell 3 percent.
At the market close, the Dow is up 8 points, or 0.1 percent, to 11,985.
The Standard & Poor’s 500 index is up 5, or 0.4 percent, to 1,297. The Nasdaq composite is up 20, or 0.7 percent, to 2,740.
Two stocks rose for every one that fell on the New York Stock Exchange. Volume came to 1.2 billion shares.
© Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Seven firms or nonprofits win Agora Awards 
Orange on January 26 at 3:51 p.m.
These numbers are beginning to mean absolutely nothing to me.
DHF on January 26 at 5:57 p.m.
To the average american they could probably care less about the DOW unless they are fortunate to have investments. What has it done for those who are unemployed. Nothing
Dazzeetrader11 on January 26 at 10:23 p.m.
The unemployed and middle class being left behind still. Truth be known, Obam’s redistribution meant redistribution of what’s left of the non rich folks to somebody else. If one reads what he did to the naks and wall st, he only made his friends stroner and wealthier.
And he blames the top 2 % of earners!! Just a fishonest pres. He’s in the top 2 %!! lol…He left the large corps alone. That “2%” is just a means to class warfare…why hit the people who are in the top 2% of wagearnerswhen it’s those big multinational corps he protects that are the problem children. Immelt from GE…..he’s just one of many.
I don’t mind a leveling of the filed a bit..but he’s done nothing to help more finanacially normal people.and yet people like him. Shaking my head more every day that people trust this fake…with his fake concerns for people.
Credit swaps and derivatives and rich banks with a flourishing stock market don’t mean much to guys who are normal folks.
He’s living in the wrong world and always has. Don’t look for him to change. His “hopey changey” thing was and is just a means to get himself elected.