AOL.com Video - Daily Digit: 14,164 Old Dow High

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Daily Digit: 14,164 Old Dow High

Description:The Daily Digit is 14,164.53. That's the old record high for the Dow Jones industrial average set on October 9, 2007. The index smashed through that previous high early Tuesday. Three things behind the power move: China's strong economic growth targets, a jump in European retail sales and the latest data from the U.S. services sector. The Institute for Supply Management's services index - reaching a one-year high helped by a rise in new orders and demand for exports. (1:41)

Source: Reuters

Tags: reuters , Bear Stearns , Doug Blake , Lehman Brothers