Greek Bailout Could Push the Dow Above 13,000

News from overseas might help markets reach a milestone not seen in four years.
1:14 | 02/21/12

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Transcript for Greek Bailout Could Push the Dow Above 13,000
Europeans have reach an agreement on a massive bailout of the Greek economy. -- she's behind village meeting here with more on that and the big question this morning again it could -- -- the -- -- that thirteen thousand milestone very -- -- Georgia haven't been -- since may of 2008. And this is much more than just a psychological number take a look at the Dow since the beginning of the year -- up -- 6% we've had a slew of positive economic news. Over the past few weeks more companies are hiring more manufacturers are hiring as -- construction is up. A lot of economists -- optimistic about and that's just since -- actually mineral -- for longer than that so another question is how long how much more momentum. Does this market rally that is the big question February jobs report is going to be very important for -- to pay attention to and also what's going to be important to pay attention to is what happens overseas in Europe we got that approval -- that's good news Linda Kohl will hold right. And and but cleanup from for the for most Americans this is really confident that city take a look at the average 401K for example to the 107000. Dollars just since the beginning of the year we've seen that -- go up by. Over 6400. Dollars and for Americans that's real tangible money. They're going out and feeling better about the economy to going and buying big ticket items like cars aside aside huge uptick in car sales recently as well. The wanting to watch out for though as you said gas prices -- -- moving higher.

This transcript has been automatically generated and may not be 100% accurate.

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