The Dow Jones industrial average broke 11,000 for the first time in four and a half years this evening, with General Motors leading the way up after a brokerage upgrade of the world's biggest carmaker. The last time the Dow passed 11,000 was June 13, 2001, when stocks were falling.
Moving over the 11,000 mark puts the Dow about 6% below its all-time high of 11,750 set on January 14, 2000.
GM shares climbed 5% on the New York Stock Exchange after Goldman Sachs raised its rating on GM to 'in-line' from 'underperform.'
