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Archive Home > 2009 > June > 26 > Stocks soar on upbeat signs

Stocks soar on upbeat signs

Investors respond to better-than-expected earnings reports from retailers, homebuilders

By Madlen Read and Tim Paradis / The Bulletin
June 26, 2009

NEW YORK — Investors rushed back into stocks as profits at a handful of companies indicated the economy might be gaining strength.

Homebuilders and retailers led a broad rally Thursday. The Dow Jones industrial average surged 173 points after four days of losses. The price of....

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