For the first time in history the Dow Jones Industrial Average soared past 15,000 thanks to a positive April jobs report.
The Dow rose 173 points to 15,004 within the first hour of trading on May 3. The S&P 500 also marked a record, reaching above 1,600—the first time it has passed 1,500 in 13 years.
The U.S. economy added 165,000 jobs last month, dropping the unemployment rate to a four-year low of 7.5 percent. That report seemed to have a positive effect on global markets, with the dollar gaining against the yen and the euro. European shares turned higher as well.
The Dow is up 14 percent and the S&P up 13 percent since the beginning of the year.
All content © Copyright 2000 - 2014 WorldNow and WREX. All Rights Reserved.
Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Trista Truesdale at (815) 335-7856. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at firstname.lastname@example.org.