Dow Misses 13,000 Close, But Makes Up Early Losses

By: Joshua Freed, Associated Press
By: Joshua Freed, Associated Press

New York, NY (AP) - The Dow Jones industrial average narrowly missed 13,000. Again.

The Dow spent much of Monday above 13,000. As the minutes of the trading day ticked away, it bounced just above and below the milestone. But a burst of selling in the final minutes drove the Dow to 12,982, down a point and a half on the day.

The Dow broke through 13,000 several times last week but hasn't closed above that level since May 19, 2008.

The Standard & Poor's 500 index rose two points to close at 1,368. The Nasdaq composite index rose two points to close at 2,966.

Advancing and declining stocks were about even on the New York Stock Exchange. Volume was light at 3.5 billion shares.

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  • by Gerry on Feb 27, 2012 at 06:31 PM
    My name is Gerry and I passed kindergarten and learned how to cut and paste. Do I get a gold star I can trade in on useless Federal Reserve Notes.
  • by Gerry Location: Tallahassee on Feb 27, 2012 at 02:14 PM
    As of 17:00 ET, Feb 27, the US borrows for 10 years at 1.93%. Total US national debt on 2/24/12 = $15.438 trillion. On 1/20/09 = $10.627 trillion. On 1/20/01 = $5.728 trillion. Increase in total national debt during Obama's administration = $4.811 trillion. During George W. Bush's administration = $4.899 trillion. Source for debt info =
    • reply
      by Anonymous on Feb 27, 2012 at 06:19 PM in reply to Gerry
      Why do you keep posting this. We already know this.
      • reply
        by Gerry on Feb 28, 2012 at 03:11 AM in reply to
        My psychiatrist says it is good therapy
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