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Wed 22 Feb 2012 12:23 PM

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Dow Jones breaks through 13,000 for first time since crunch

Laura Bush joined by Egyptian women in New York Stock Exchange to witness historic moment

Dow Jones breaks through 13,000 for first time since crunch
The New York Stock Exchange celebrated today as the Dow Jones industrial average edged above 13,000 for the first time since May 2008. (Getty Images)
Dow Jones breaks through 13,000 for first time since crunch
The index is considered an important indicator of the confidence of US investors.
Dow Jones breaks through 13,000 for first time since crunch
The 45-month high was driven by upbeat economic news in the US and despite the uncertainty about a long-term solution to the eurozone crisis.
Dow Jones breaks through 13,000 for first time since crunch
European markets are still cautious over the developments of Greece's second bailout.
Dow Jones breaks through 13,000 for first time since crunch
The average of 30 major US stocks was pushed up after being closed for the President Day holiday, following a run of better than expected company results and economic data.
Dow Jones breaks through 13,000 for first time since crunch
There were signs of anxiety in other markets as the price of Brent crude, which is used to price foreign oil imported into the US, rose by 55 cents to $120.60.
Dow Jones breaks through 13,000 for first time since crunch
Former first lady Laura Bush rang the opening bell on behalf of the The Bush Institute Women's Initiative Fellowship Program. Mrs. Bush was joined by 14 female Egyptian Fellows of the institute, a leadership exchange program that engages women from around the world, with an initial focus on women the Middle East.