The Dow Jones Industrial Average broke the 13,000 level for the first time since before the financial crisis, as US stocks bounced higher in early trading.

The Dow broke 13,000 just before 11:30am Eastern time, before pulling lower, and recently was up 47 points, or 0.4%, to 129996 in mid-morning trading. The Dow last traded at the 13,000 level on May 20, 2008. The last time the Dow closed above that level was May 19, 2008.