Dow Jones industrial average closes above 15,000 points for the first time [View all]

[Faygo Kid]

Source: Associated Press

NEW YORK— The Dow Jones industrial average is punching through another milestone: its first close above 15,000.

The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6%.

It was another milestone in the market’s epic ascent in 2013. Good economic reports, higher corporate profits and support from central banks have eased investors’ concerns that another economic slowdown could upend the market.

Two months ago the Dow recovered the last of its losses from the financial crisis. So far this year it’s up 15%. . .

Read more: http://www.freep.com/article/20130507/BUSINESS07/305070109/Wall-Street-Dow-Jones

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Well, we can only hope it trickles down.