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CNNW CNN Newsroom February 1, 2013 - Vimarsana News

CNNW CNN Newsroom February 1, 2013

Cnn newsroom continues right now with ashleigh banfield. That is one excited anchor, Carol Costello, i know you love your football. Ill be thinking about you on sunday. Hi, everybody, its good to have you with us. I want to take you straight to wall street. Big, big story happening. Stocks are surging. And i dont mean just surging, i mean to new heights. Heights we havent seen in five years. The dow hitting 14,000, just a short time ago and thats for the First Time Since october 2007. Yes, you can say hooray. Todays rally thanks in part to the january jobs report which just came out this morni...

CNN CNN Newsroom February 1, 2013 - Vimarsana News

CNN CNN Newsroom February 1, 2013

dow 14,000 because it's been five years since stocks were at this level and the optimists about this say it shows just how far we've come. >> remember, this? march 1999, the height of the dot com boom, dow hit 14,000 for the first time. >> it was a big deal when we hit 10,000, we gave out hats. these are big psychological levels, they're crescendos. >> fast forward to 2006, the height of the housing boom. dow 12,000. nine months after that, 14,000. but we wouldn't see that threshold again for a long time. the housing market was already crumbling, recession was lurking. now five years...