What Sent the Big Board Stocks Above 17,000?

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July 4 (Bloomberg) -- The Dow Jones Industrial Average climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details of its stimulus plans. Zeb Eckert has more on "First Up." (Source: Bloomberg)

News for asia-pacific investors that the dow industrials soared above 17,000 almost a prize number for the jobs number.

Zeb eckert joining us here with a more.

Explain it all for us.

17,000, the first time the dow has hit that number.

Another milestone as local stocks continue to rally.

Today in asia, let's look at how markets are handling this.

First off, the dow jones industrial average, closing above 17,004 the first time and it is having an effect on asian stocks.

Let's get an early indication.

Going to steal your thunder.

Futures indicating again in places like australia.

Currency not seeing a huge move.

Gold is lower and safe haven buying and operating when you have equity gains.

The nikkei seeing a gain at the open.

Safe haven currencies here as you look at south korea, the korean won modestly moving.

We will see how the other markets fair.

More people feeling risky about their bets.

Can you give us another sense of other key milestones achieved with the dow hitting 17,000? we did a bit of number crunching.

An interesting time during the financial crisis because there was really no increase in terms of significance of the dow levels between 2007 and 2013. you saw back -- the wilderness years.

Let me look it my notes.

Back in 1972, the dow hit the 1000 level.

5000 in 1995. 10,000 in 1999. from 10,000 up to 17,000 today.

This text has been automatically generated. It may not be 100% accurate.


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