Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, February 01, 2011

Tuesday

For the first time in over two years, the Dow Jones Industrial Average closed above 12,000 as bellwether earnings and encouraging manufacturing data overshadowed fears about the protests in the Middle East. Boosting the Dow, Pfizer rose 5.5% after its fourth-quarter profit more than tripled from a year earlier. The market's climb this week erased the sell-off that came Friday as protests in Egypt intensified. DJIA +148.23 Nasdaq +51.11 S&P 500 +21.47.