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Detailed text transcripts for TV channel - KGO - 20130508:09:07:00

governor chris christie drawing more attention than usual after acknowledging he had weight loss surgery. christie has lost 40 pounds since having the lap band in february. many speculating because his eyes are on the presidency. christie says after turning 50 it was more about his family and his health. i did this for myself, my wife, and my children. and unlike some of you, they will still pay attention to me whether i run for president or not. christie had the surgery a week after jokingly eating a donut in front of david letterman. he kept the procedure confidential by checking in under a different name. now to wall street and another record high. the dow closed above 15,000 points for the first time ever. gaining 87 points. abc s rebecca jarvis explains what the bullish milestone means to your nest egg. reporter: the stampede on wall street reached a milestone. the dow is up a staggering 130%

Detailed text transcripts for TV channel - KGO - 20130508:10:38:00

points for the first time ever. gaining 87 points. abc s rebecca jarvis explains what the bullish milestone means to your nest egg. reporter: the stampede on wall street reached a milestone. the dow is up a staggering 130% since hitting rock bottom in march 2009. in real terms if you invested $10,000 during the worst of the great recession, today you would have more than doubled your money to almost $23,000. the winning streak on wall street is now over four years long. that means this bull market run is about six months longer than normal. but it is still five years shorter than the best run ever. i think there are certain pockets of the economy are doing great. some that are, that are lagging. i think overall, the economy is, will improve, albeit, might be at a slower pace than we would all like to see. the question now, where do stocks go from here i spoke to traders. here at the new york stock exchange, they re using history as their guide. this is the strongest year since 19

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