Dow Jones Tops 12,000 – First Time Since June 2008

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NEW YORK  — The Dow crossed the 12,000 mark for the first time since June 2008 as U.S. stocks nudged higher Wednesday.

Investors were parsing through the latest corporate results and awaiting the Federal Reserve’s latest pronouncement on the nation’s economy.

The Dow Jones industrial average (INDU) rose 37 points, or 0.3%, hitting its highest intraday level since June 20, 2008.

DuPont (DD, Fortune 500) and Alcoa (AA, Fortune 500) led the Dow higher, while Boeing (BA, Fortune 500) was the biggest decliner. The aerospace and defense giant’s revenue and outlook disappointed — pushing shares of the company down 3.8%.

Read more at CNNMoney

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