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Dow Jumps To A 4-Year High, Nasdaq Surges To An 11-Year High (DIA, SPY, QQQ)

Today was a huge day for the economy. U.S. companies added 243k jobs in January and the unemployment rate fell to 8.3%.

This fueled a major surge in the stock markets, which hit some major milestones.  Both the Dow Jones Industrial Average and the Nasdaq hit pre-financial crisis levels.  The Dow closed at 12,862, a 4-year high, and the Nasdaq jumped to 2,905, an 11-year high.

The S&P 500, which is arguably the best snapshot of the U.S. stock markets, hit 1,344, a 6-month high.

Here's a look at some historical charts courtesy of Yahoo Finance.

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SEE ALSO: Wall Street's Sharpest Minds Predict Where Stocks Are Headed In 2012 >

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See Also:

  • STOCKS GO NOWHERE ON MORE DISAPPOINTING DATA: Here's What You Need To Know
  • Asian Markets Are Mixed After Chinese PMI Beats Expectations
  • European Markets Are In Total Melt-Up Mode To Start The New Month



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Chicago Booth Business Forecast
 

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