Dow crosses 13,000 for first time since 2008
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Posted: 02/21/2012
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By: Associated Press
NEW YORK - The Dow Jones industrial average has crossed 13,000 for the first time since before the 2008 financial crisis.
The Dow passed 13,000 about two hours into the trading day. Its last time there was May 20, 2008, four months before the Lehman Brothers investment bank went under.
U.S. stocks got help Tuesday from a bailout deal for Greece, aimed at preventing a potentially catastrophic default, and from strong corporate earnings reports at home. Home Depot and Dollar Thrifty were among companies turning in good results.
Associated Press
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