Monthly Archive for February, 2011

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Dow Closes Above 12.000

Despite the turmoil in the Middle East, the market powered to a 30-month high, closing above 12.000 Tuesday.

The key driver was a slew of strong earnings reports. The last time we saw Dow 12,000 was on June 19, 2008.

Across the board, the major averages were strong. The Dow climbed 148,23 to 12,040,16, S & P 500 rose 21,47 to 1307,59, and the NASDAQ surged 51,11 to 2751,19, as reported in the Wall Street Journal.