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Stock Aug 2009 - "Stock Markets: Recent Rebound Heartens Investors”

Stock Aug 2009 - "Stock Markets: Recent Rebound Heartens Investors”

Stock Aug 2009 - "Stock Markets: Recent Rebound Heartens Investors”

Excerpt


Stock Markets: Recent Rebound Heartens Investors



Investors were cheered by a two-week rally at the end of July that lifted spirits and indices alike. The Dow Jones Industrial Average and Standard & Poor's 500 Index saw increases of more than 11 percent. The news that fueled this upturn concerned corporate earnings, which exceeded expectations across the board. The Dow rose above 9,000 for the first time since January 2009, adding a psychological boost for investors who wanted to see indications that supported their faith in the economic recovery. 


 



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