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The Dow Jones industrial average is inching closer to the psychologically important 13,000 mark, a milestone that was last hit just before the financial crisis walloped stock prices around the world.
The nation's most-watched index rose 0.4%, or 45.79 points, to 12,949.87 on Friday and gained 1.2% for the week. The advance follows a 123-point rally during the previous session that put the index within striking distance of the 13,000 level it last hit in May 2008.
http://www.latimes.com/business/la-fi-0218-us-markets-20120218,0,3475574.story
The nation's most-watched index rose 0.4%, or 45.79 points, to 12,949.87 on Friday and gained 1.2% for the week. The advance follows a 123-point rally during the previous session that put the index within striking distance of the 13,000 level it last hit in May 2008.
http://www.latimes.com/business/la-fi-0218-us-markets-20120218,0,3475574.story