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Also, trading volume was light today. that can make for some exaggerated moves in the market but more than anything these milestones are really a psychological boost for investors. it s good for investor confidence and i ll tell you what, the market has really been through a lot just to get here. there was a seven-year drought between dow 11,000 and dow 12,000. then it took less than a year to get from 12,000 to 14,000 in july of 2007. then when the financial crisis hit and the dow erased more than half its value before getting back to the levels we re at today so that makes almost six years between 14,000 for the first time and 15,000 for the first time. got to mention this, jake. not to be outdone, the s&p 500 broke through a new record today as well and that is an even broader gauge of your money which is often what your 401(k) or your mutual funds track. all right, alison. thanks so much. now to our national lead it s a day full of hugs and tears and reunions, a day a decade in ....
Buckle, new jersey governor chris christie takes drastic measures to slim down. is he getting into a fighting weight for 2016? good afternoon. a very busy show today. the latest from cleveland in a moment but we ll begin with the money lead and breaking news on wall street. our alison kosik is in new york. the closing bell just rang and apparently the market hit another milestone? you can bet they re popping the champagne bottles this evening on wall street because for the first time ever, jake, the dow is not just closing at 15,000 but above it, blowing past it closing at 15,056. sure on friday the dow hit 15,000 during the session but this today is the first time it s closing above this milestone. funny thing is there wasn t a lot going on today to move the market in the way of earnings or economic reports although there was some upbeat, economic data out of germany. plus we ve got that continued good karma coming from last week s jobs report. ....
Those were resized higher. the economy added 114,000 jobs in those months than previous thought. the economy has added a an average of 173,000 jobs a month for the last year, and that means march and april were below avenue repblg months and the economy could be headed for another tough spring and summer. but the dow touched 15,000 for the first time ever friday morning. and s&p crossed 1,600 for the first time ever, and that was important because the s&p 500 is more closely watched by investors, and it s a reflection of the average american s investment. there was a seven-year drought between dow 11,000 and dow 12,000, and it has taken a year to get to 12,000 in july of 2006 to 14,000 in july of 2007. ....
And february and march numbers, those were revised higher. the labor department says the economy added 114,000 more jobs in those months than previously thought. the economy has added an average of 173,000 jobs a month for the last year but that means march and april were below average months and the economy could be headed for another tough spring and summer. that didn t stop traders from celebrating when the dow touched 15,000 for the first time ever friday morning. and the s&p 500 crossed the 1,600 level for the first time ever. that was especially important because the s&p 500 is more closely watched by investors and it s typically a better reflection of the average american s investments. it s been a while since we ve hit a milestone like this. there was a seven-year drought between dow 11,000 and dow 12,000. it took less than a year to get from 12,000 to 14,000 in july of 2007. that makes almost six years ....