AOL.com Video - Dow Breaks 14,164 Old High

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Dow Breaks 14,164 Old High

Description: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