Dow closes at highest of the year, ne...

Dow closes at highest of the year, nearing record

Posted in the Robbinsdale Forum

Full Truth

Saint Paul, MN

#1 Feb 12, 2013
NEW YORK - The Dow is closing at its highest level of the year, coming within one percent of its record reached in October 2007.

The latest gain was powered by impressive results from two big consumer brands, Avon and luxury clothing maker Michael Kors.

The Dow Jones industrial average rose 47 points to 14,018 Tuesday, putting it within 146 points of its record high of 14,164.

Avon surged 20 percent after its quarterly loss was less than analysts feared. Michael Kors rose 9 percent after its results impressed investors.

The Dow surged at the start of the year, logging its best January in almost two decades.

Two stocks rose for every one that fell on the New York Stock Exchange. Trading was lighter than the recent average at 3.3 billion shares.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Robbinsdale Discussions

Title Updated Last By Comments
Senator Hopes Trump Assassinated 1 hr Davycrockett 22
Did Daley Crockett and his BLM visit Mayor's of... 1 hr Space ace 3
News Global warming 'undeniable,' scientists say (Jul '10) 2 hr Patriot AKA Bozo 37,265
Fox news sold out and is fake news now 4 hr Space ace 5
Get Out of Jackson, Wyoming! Fri Tim Shey 1
What parts of Brooklyn Park should I avoid? (Jun '09) Fri The45 51
All these big mouth white boys who never fought... Fri Davycrockett 7

Robbinsdale Jobs

More from around the web

Personal Finance

Robbinsdale Mortgages