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Business

Dow climbs above 14,000 for first time since 2007

NEW YORK (AP) — The Dow stock market index closed above 14,000 for the first time since before the financial crisis rocked the world economy.

Propelled by strong auto sales and optimism about U.S. jobs, the Dow Jones industrial average crossed the line early Friday and continued flirting with the mark all day. The other major stock indexes also rose.

Comments

Yup.  The rich folks who did not lose jobs in this crunch, others who did not have to take money out of their 401K's are right back where they were when it started.  Everyone else?  They lost.