By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Stocks end mixed as Dow crosses 14,000; buyout news adds to Wall Streets momentum
Placeholder Image
    NEW YORK — The Dow Jones industrial average swept past 14,000 for the first time Tuesday after a relatively tame inflation report gave investors reason to extend an extraordinary — but questionable — Wall Street rally.
    The stock market’s best-known indicator crossed 14,000 in the first half-hour of trading but failed to close above that level. The index rose as high as 14,021.95, having taken just 57 trading days to make the trip from 13,000.
    According to preliminary calculations, the Dow rose 20.57, or 0.15 percent, to 13,971.55.
    Broader stock indicators ended mixed. The Standard & Poor’s 500 index ended flat, slipping 0.12, or 0.01 percent, to 1,549.37 having set its own record highs in recent sessions. The Nasdaq composite index rose 14.96, or 0.55 percent, to 2,712.29.
    On the Net:
    New York Stock Exchange:
    Nasdaq Stock Market:

Sign up for the Herald's free e-newsletter