Investors are betting on an improvement. On Thursday, news that existing home sales rose in June for the third straight month helped pushed the Dow over 9,000 for the first time since January.
In just nine days, the Dow and the S&P 500 index have climbed 11 percent, reigniting a rally that carried the market 40 percent higher this spring. Stocks gave up some of those gains last month as still-growing unemployment and weak consumer confidence fed doubts about the economy's recovery.
» Yahoo/AP [ Contribute: submit link / submit article ]
