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Dow Closes Over 14000

Holy Cow

For the first time since 2007.

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John Moore / Getty Images News

Huzzah! That was the rallying cry on the floor of the New York Stock Exchange as the Dow Jones Industrial Average closed Friday above 14,000 for the first time in more than five years. Overall, the Dow was up one percent in morning trading while the S&P 500 Index rose 0.9 percent. U.S. hiring in January increased more than previously expected, with the economy adding 157,000 jobs, although the jobless rate slightly ticked up on Friday to 7.9 percent.

Read it at Bloomberg News