Dow passes 12,000 mark for first time since 2008
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Updated: 5:21 PM Jan 26, 2011
Dow passes 12,000 mark for first time since 2008
The DOW Jones Industrial Average broke through 12,000 for the first time in two and half years but is trading lower at midday.
Posted: 9:12 AM Jan 26, 2011
Reporter: Associated Press
Email Address: tips@nbc11news.com
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The Associated Press
Traders work on the floor of the New York Stock Exchange on Thursday in New York.
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DOW rises above 12,000
NEW YORK (AP) - The DOW Jones Industrial Average broke through 12,000 for the first time in two and half years but is trading lower at midday.

Investors were encouraged by President Barack Obama's call to overhaul taxes on businesses and a jump in home sales in December.

Obama said in his State of the Union address late Tuesday he wanted to close corporate tax loopholes and use the additional revenue to lower tax rates on businesses for the first time in 25 years.
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