Dow briefly crosses 12,000 mark on strong home sales

Windsor Genova AHN News News Writer New York, NY, United States (AHN) The
blue chip index briefly exceeded the 12,000 mark on Wednesday as strong home
sales and the Feds decision to keep rates steady triggered a stock buying spree
from investors. Dow briefly crosses 12,000 mark on strong home sales Around
10:15 a.m., the Dow Jones Industrial Average hit 12,020, 43 points or 0.4
percent up, a level reached on June 20, 2008. The Dow eventually closed 8 points
or 0.1 percent to 11,985, the highest since June 19, 2008. The Standard & Poors
500 Index was up 5 points or 0.4 percent closing at 1,296. The Nasdaq rose 20
points or 0.7 percent to close at 2,740. Oil for March delivery rose $1.14 or
1.3 percent to settle at $87.33 a barrel. Gold futures for February delivery
rose 70 cents to settle at $1,330 an ounce. Article