Friday, February 01, 2013 4:37 pm
News Summary: Dow closes above 14K, a rare event
By The Associated Press
MOM AND POP: The Dow Jones industrial average is a stock market index meant to be a gauge for the rest of the market. More small investors are getting back into stocks, which is helping drive the Dow's current gains.
THE OTHER ENGINES: Traders were encouraged by a few incremental signs of an improving economy. The unemployment rate rose but the government said that hiring over the past year had been better than previously thought. Auto sales jumped.