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New stock market milestone: Dow tops 15,000

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Dow tops 15,000
in market milestone

NEW YORK — Just two months after recovering the last of its losses from the financial crisis, the Dow Jones industrial average charged higher Tuesday, closing above 15,000 for the first time.

It was another milestone in the market’s epic ascent of 2013. Good economic reports, strong corporate earnings and fresh support from central banks have eased investors’ concerns about another economic slowdown. Many had been on the lookout for signs a spring swoon would derail the rally, as happened in each of the past three years.

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