New York's Dow Jones share index set a new all-time high on Tuesday March 5,2013.
The Dow reached 14,285 during the day, exceeding the previous record intra-day high of 14,198, set in October 2007.It closed slightly lower at 14,256.
The Dow has more than doubled in value since it plummeted to less than 6,550 points in the depth of the crisis in March 2009
Dow Jones Industrial Average
- Founded in 1896 by Wall Street Journal editor Charles Dow.
- Now one of the most closely watched share indices in the US, alongside the broader S&P 500 and the tech-heavy Nasdaq
- Comprised of 30 major US companies including Coca- Cola, Microsoft, Wal-Mart and General Electric.
- Around two-thirds of listed companies are manufacturers of industrial or consumer goods
London's FTSE 100 closed at it highest level in five years. The FTSE closed at 6,432, its highest close since January 2008.
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