Dow crosses 13,000, first time since crisis

February 29, 2012 by legitgov

Dow crosses 13,000, first time since crisis 28 Feb 2012 The Dow Jones industrial average on Tuesday finally reclaimed the ground it held before the carnage of the Great Recession- bailouts, bank failures, layoffs by the million and a stock market panic that cut retirement savings in half. The Dow closed above 13,000 for the first time since May 19, 2008, almost four months before the fall of the Lehman Bros. investment bank triggered the worst of the financial crisis. The Dow finished at 13,005.12, up 23.61 points for the day.