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Dow Breaks Above 15,000 for First Time

May 3, 2013 11:02 AM EDT
Continuing its torrent pace, the Dow Jones Industrial Average climbed above 15,000 for first time ever Friday, topping the April 11th all-time high 14,865 mark. The popular stock market gauge last traded at 15,002, up 170 points, or 1.15%. The Dow is up 14.5 percent since the start of the year.

Top performing Dow 30 stocks this year are: HP (NYSE: HPQ) (+46%), Walt Disney (NYSE: DIS) (+29%), Microsoft (NASDAQ: MSFT) (+25%), Boeing (NYSE: BA) (+24%), American Express (NYSE: AXP) (+23%), Johnson & Johnson (NYSE: JNJ) (+23%), Verizon (NYSE: VZ) (+22%), DuPont (NYSE: DD) (+21%), Citigroup (NYSE: C) (+20%), 3M (NYSE: MMM) (+17%).

Today's jump in stocks is related to a better than expected April jobs number and higher February and March job revisions. Total nonfarm payroll employment rose by 165,000 in the month, which was better than the 140,000 economists on average expected. Given the revisions, employment gains in February and March combined were 114,000 higher than previously reported.


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