WALL STREET: Market Surge: Why the Bulls Run

Of all the indicators that traditionally foreshadow an economic recovery, few have been more doggedly consistent this year than the stock market. For nearly six months, prices on Wall Street have climbed steadily higher, higher, higher as investors have shifted more and more cash into the market in anticipation of a brisk business upturn later in the year. Last week this confidence helped propel the Dow Jones industrial average up another 17.68 points, to a new 1975 high of 873.12. While that is still well below the Dow's alltime peak of 1051.7...

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