Dow Crosses 14,000 For First Time Since 2007

February 1, 2013

The euro strengthened against 12 of its 16 major peers, climbing 0.6 percent to $1.3666. In addition to a report showing manufacturing shrank less than forecast in the currency region, other data showed the unemployment rate was 11.7 percent in December, less than forecast.

The MSCI Emerging Markets Index gained 0.3 percent as price swings in the gauge fell to the lowest level since September 1997. The Shanghai Composite Index added 1.4 percent, climbing 5.6 percent in the week.

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