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Dow Jones Closes Above 13,000

Written: 2012-02-29 08:35:43Updated: 2012-02-29 14:50:44

Dow Jones Closes Above 13,000

The Dow Jones Industrial Average has closed above 13-thousand for the first time since May 2008.

The Dow closed at 13-thousand-five on the New York Stock Exchange Tuesday, up 23-point-six points from Monday.

Meanwhile, the Nasdaq composite index rose 20-point-six points to close at two-thousand-986-point-76.

European stock prices surged slightly as well despite concerns over Greece after economic indices of euro zone countries improved.

Global oil prices saw a drop for the second consecutive day on Tuesday after posting steady growth for eight straight days.

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