It's official, folks: The Dow Jones Industrial Average
But the Dow wasn't alone -- the Nasdaq broke into territory not seen since the end of 2000.
An amazing 28 of the Dow's 30 components rode the wave of enthusiasm to close higher today, with 19 of them gaining 1% or more. You'd think with the tech-heavy Nasdaq hitting decade-plus highs that it'd be tech companies fueling all the enthusiasm today, but actually it was consumer goods and financials.
Bank of America
The big news
Utimately the news moving the market today was bigger than any one company. The unemployment level got hammered down to 8.3% today as the economy added a reported 243,000 jobs in January.
This greatly impacts cyclical companies like materials producer Alcoa
Looking past one "up" day
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Austin Smith owns no shares of the companies mentioned here. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.