Dow Finally Surpasses 20,000 Mark

By Jon Lin

The Dow Jones Industrial Average closed Wednesday afternoon above the 20,000 mark for the first time ever. Up 155.80 points for the day, the Dow which averages 30 large publicly traded companies on the New York Stock Exchange and the NASDAQ, jumped in part due to help from The Boeing Company (BA) which rose 6.81 (4.24%) by Wednesday’s close. The company reported earnings of $2.47 per share, topping analysts estimates of $2.32 per share.

The Dow, which more than tripled since its March 6, 2009 low of 6,443.27, has gained almost 10% since the November 8 election results.