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FEB 01, 2013 - MarketWatch

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Dow ends above 14,000 for lst time since Oct. 2007

NEW YORK (MarketWatch) -- U.S. stocks rallied Friday to cap a fifth week of gains that lifted the Dow Jones Industrial Aveage above 14,000 for the first time in five years after reports on jobs and manufacturing lifted Wall Street's view of the U.S. economy. The Dow's reaching 14,000 is "another positive sign after finishing one of the strongest months on record," said Darrell Cronk, regional chief investment officer at Wells Fargo Private Bank. The market celebrated after the release of Labor Department figures that showed payrolls rising 157,000 in January after a revised 196,000 gain in ... Read More

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