Stocks rally on home sales report as Dow tops 9,000

July 28, 2009 5:40 pm

By Matt Krantz, USA TODAY – The powerful rally on Wall Street reached a significant milestone Thursday after the Dow Jones industrial average pulled its chin over the 9,000 mark for the first time since January. A better-than-expected report of a 3.6% rise in existing home sales in June from the National Association of Realtors Thursday is just the latest sign telling investors that the economy’s worst may be over.

http://www.usatoday.com/money/markets/2009-07-23-stocks-thursday_N.htm?loc=interstitialskip