Today marked a fifth day in a row that the stock market continued to show gains. Although slight, the market was up 18.24 points. This past week has shown a rally that has encouraged investors. This is the longest winning streak the Dow Jones Industrial Average has had in three months. US Treasuries have gone up slightly and Greece’s budget deficit showed some shrinkage.
Any slight upward movement is good news. Investors need to see signs of improvement to encourage further growth of the economy, as people are still nervous.
Cheng, Jonathan. “Stocks Gain for Fifth Day.” The Wall Street Journal. 13 July 2010.
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