Weekly News Update
May 15, 2013 in General
Last week was a light calendar for regular economic reports, however the week was not without significant news. Specifically, the Dow Jones Industrial Average reached its highest point in history last Thursday, hitting a high of 15,144.83. It then followed on Friday, by hitting a record high close of 15,118.49.
For the week, the Dow was up 144.53, or 1 percent. For the year so far, the Dow was up 15 percent, with a year-to-date gain of 2,014.35 points. Friday closed with all eyes pointed on this week, wondering if the Dow Jones could continues its historic run.


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