The blue chip index shot up 0.6% to 13.939.29 shortly after the Opening Bell.
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The blue chip index last reached that mark in 2007, shortly before the financial crisis began.
This was the first three hundred-point drop for the blue chip index in almost a year.
Today marked the eleventh worst day this year for the blue chip index and its largest fall in nearly two months.
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But the price quickly rose once again, and late Tuesday morning in Reykjavik, the capital, Iceland's blue chip index was down 4.6%.
Yesterday brought the worst drop for the blue chip index in almost a year, and sank it below the key 13, 000 mark.
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The Dow Jones industrial average dropped 0.9% to 12, 811.32, the second consecutive day that the blue chip index finished by the 13, 000 mark.
The FTSE-100 blue chip index took heart from the stronger opening in the US and closed up 79.4 points or 1.3% at 6, 074 points.
The blue chip index lost 0.1% to 12, 798.11.
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The blue chip index this morning opened flat.
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The blue-chip index has risen eight out of the nine consecutive trading days.
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The blue-chip index broke through its all-time high March 5 and kept climbing.
Software firm Autonomy and logistics group Exel are to drop out of the FTSE-100 following the blue-chip index's quarterly reshuffle.
Last week, the Dow rose 3.6%, including a 124-point bounce on Friday that sent the blue-chip index to a five-month high.
On Tuesday, the blue-chip index eked out a gain of three points, or less than 0.1%, despite declines in the broader market.
Moneta itself gauges its performance to the return on the blue-chip index.
The blue-chip index closed the week down 0.9%, and 8.8% for January.
One buy signal: Transportation stocks are rising in tandem with the blue-chip index, an occurrence that many investors view as a harbinger of more gains.
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Even contrarians who predicted that a 5, 000 Dow would kill the rally have put away their gloomy predictions and cheered as New York's blue-chip index soars toward 8, 000.
Financial and energy stocks led the blue-chip index lower yesterday.
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So popular, in fact, that the market's red chip index has rocketed over 80% since hitting bottom in mid-January, compared to the blue-chip Hang Seng Index's 40% gain over the same period.
All that will weigh heavily on the bourse, and, current bargains aside, no one expects the blue-chip Hang Seng Index to recover its August record closing high of 16, 673 any time soon.
The CAC-40, the blue-chip French stock market index, which includes BNP, fell 2.2%.
The Hang Seng index of 33 blue-chip companies is already trading near its four-year lows.
The CEO of a British company in the FTSE index of 100 blue-chip companies tells of his experience at the most recent annual gathering of shareholders.
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