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Dow Jones hits major milestone
NEW YORK (NEWSCHANNEL 3) - Wall Street hit a major milestone on Tuesday, as for the first time ever, the Dow Jones Industrial Average closed above 15,000 points.
The Dow rose 87 points to close at 15,056, continuing the positive incline that seems to be a trend for 2013.
Two months ago, the Dow recovered the last of its losses from the financial crisis.
So far this year, it's up 15 percent.
NASDAQ and the S&P 500 also closed up on Tuesday.
Experts say good economic reports, higher corporate profits, and support from central banks have eased investors' concerns that another economic slowdown could upend the market, contributing to the positive trend.