Monday, April 12, 2010

News Alert: Dow Closes Above 11,000 for First Time Since September 2008

Breaking News Alert
The New York Times
Mon, April 12, 2010 -- 4:16 PM ET
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Dow Closes Above 11,000 for First Time Since September 2008

The Dow Jones industrial average closed above 11,000 points
on Monday for the first time since the start of the financial
crisis.

The move above 11,000 was the latest milestone in a rally
that has brought Wall Street back from the brink of economic
collapse. It came as investors welcomed a long-awaited rescue
plan for Greece and amid signs that American companies were
poised to report strong first-quarter profit, with earnings
season beginning in earnest this week.

The Dow ended the day at 11,006.19, rising about 9 points or
0.08 percent. It last closed about 11,000 in September 2008.

Read More:
http://www.nytimes.com?emc=na

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