Business

Dow tops 17,000 after strong jobs report

By Ken Sweet
Published July 3, 2014 10:26pm ET
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Dow tops 17,000 after strong jobs report
Specialist Jay Woods is reflected in a screen at his post that shows five years of the Dow Jones industrial average, on the floor of the New York Stock Exchange, Thursday, July 3, 2014. The Dow Jones industrial average jumped above 17,000 for the first time Thursday after the government reported a surge in hiring last month that was much bigger than investors and economists were expecting. (AP Photo/Richard Drew) | Richard Drew

NEW YORK (AP) — The Dow Jones industrial average topped 17,000 for the first time Thursday, another in a string of records for the index that has lifted portfolios in a five-year bull market for stocks.

The gain pushed the 118-year-old Dow, the oldest gauge for tracking stock prices, past its first 1,000-point milestone this year.

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