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Dow Breaks 11,000 Briefly

Posted by admin On April - 10 - 2010

The Dow Jones Industrial Average crossed above the 11000 level for the first time in 18 months—albeit for a few brief moments—marking another key milestone in what has been one of the strongest stock-market rebounds in history.

While the threshold has prompted less fanfare than when the Dow recaptured 10000 in October, it represents another big accomplishment for a measure that was below 7000 a year ago.

The Dow broke 11000 briefly in the last minutes of trade—hitting a high of 11000.98—before ending at 10997, up 70.28 points.

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