Dow ends above 13,000

The Dow Jones closed above the psychologically-important 13,000 level for the first time since 2008 while the S&P index was at its best level in almost 4 yrs 
The Nasdaq composite gained 20.60 points, or 0.69 per cent to end at 2,986.76.

Meanwhile, consumer confidence surged to a one-year high in February, gaining to 70.8 from an upwardly revised 61.5 in the previous month.
However, durable goods orders slumped 4 per cent in January,its biggest slide in almost three years,  due to a large drop in business spending on machinery and equipment. Meanwhile, major capital goods fell 4.5 per cent, the biggest decline in a year.