Economics

Dow Jones Closes Above 15,000 for First Time

Based on strong overseas economic news

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The Dow Jones industrial average closed above 15,000 for the first time Tuesday, hitting a new all-time high on strong economic news overseas.

The Dow first climbed above the psychologically significant 15,000 level last week, highlighting investors' belief that the U.S. economy is on track to a full recovery. It marks the first major threshold passed by the closely watched average beyond pre-recession levels.