Dow hits 13,000 briefly, can't hold gains
Photo credit: AP | Former first lady Laura Bush greets traders Tuesday on the floor at the New York Stock Exchange in Manhattan before ringing the opening bell. It was the first day of trading for the week. The market was closed Monday, Presidents Day. (Feb. 21, 2012)
Galleries
Web links
It came and went in a flash, a number on a board for seconds at a time, but its symbolic power couldn't be dismissed.
The Dow Jones industrial average, powered higher all year by optimism that the economic recovery is finally for real, briefly crossed 13,000 Tuesday for the first time since May 2008.
The last time the Dow occupied such rarefied territory, unemployment was a healthy...
