Dow tops 18,000 as market extends all-time highs; Traders encouraged by US economic growth



We also have more stories about:
(click the phrases to see a list)

Subjects:

 


The Dow Jones industrial average is breaking through another milestone, closing above 18,000 points for the first time following more encouraging news on the U.S. economy.

The government reported early Tuesday that the economy grew at a rapid annual rate of 5 percent in the third quarter of the year, the fastest pace in more than a decade.

It was the fifth straight gain as the market shakes off the last of an early-December slump. The Dow and the Standard & Poor's 500 index are at all-time highs.

The Dow rose 64 points, or 0.4 percent, to 18,024.

The S&P 500 rose three points, or 0.2 percent, to 2,082.

The Nasdaq composite fell 16 points, or 0.3 percent, to 4,765.

Energy stocks rose as the price of oil turned higher.

All content copyright ©2014 Daily Reporter, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.
Daily Reporter • 22 W. New Road • Greenfield, IN 46140 • (317) 462-5528