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Dow closes above 15,000 for first time

Last Updated: Wednesday, May 8, 2013 - 08:59

Zee Media Bureau

New Delhi: The Dow Jones Index ended above the 15,000 mark for the first time while the S&P finished at another record high.

Investors' sentiment was buoyed early in the day by data from Germany which reported a 2.2 percent increase in industrial orders in March, compared with expectations for a drop of 0.5 percent.

The Dow Jones industrial average rose 87.31 points, or 0.58 percent, to close at a record 15,056.20. The Standard & Poor's 500 Index gained 8.46 points, or 0.52 percent, to end at 1,625.96.

Meanwhile, the Dow hit an all-time intraday high at 15,056.67, while the S&P 500 touched a record intraday high at 1,626.03.

For the year so far, the S&P 500 has climbed 14 percent.

First Published: Wednesday, May 8, 2013 - 08:52
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