ABC NewsDow Closes Over 9000; First Time Since JanuaryNew York TimesA news ticker in Times Square blares the news that the Dow Jones industrial average crossed 9000 for the first time since January. By GERRY SHIH The numbers are a bit breathtaking: In a little more than four months, the Dow Jones industrial average has …The Stock Market’s Fragile RallyBusinessWeek3M Boosts the Dow; EBay Powers NasdaqWall Street JournalDow Closes Above 9000 for First Time Since JanuaryWashington PostReuters -The

Been Down So Long It Seems Like Up To Me, the precocious 1966 novel by the late Richard Farina, defined the late 1960s counterculture. The stock market rally that’s pushed the Dow Jones Industrial Average back above 9000 for the first time since early January could be given the same title,…

A model poses with a Microsoft Multi-Touch-enabled computer installed with Windows 7 during the 2009 Computex exhibition in Taipei June 2, 2009. REUTERS/Nicky Loh By Alexei Oreskovic SAN FRANCISCO (Reuters) – The tech sector’s road to recovery just got a lot bumpier. Microsoft Corp’s billion-dollar-plus revenue shortfall in its fiscal fourth-quarter abruptly dampened hopes that demand for PCs was on the mend and sent a spate of tech stocks tumbling after-hours on Thursday.

FTSE 100 spikes upwards on Thursday after positive US economic and corporate news to continue its longest winning streak in five years. Photo: Bloomberg FTSE 100 recouped earlier losses to rise for a ninth day in a row, lifted by a jump in US home sales that pushed the Dow Jones above 9,000 for the first time since January. Britain’s index of leading shares rose 66 – or 1.5pc – to a seven-month high of 4559.8 points as the US home sales and a batch of strong American corporate results eased fears over the world’s biggest economy and boosted mining and banking shares in London.

July 23 (Bloomberg) — U.S. stocks rose, sending the Dow Jones Industrial Average above 9,000 for the first time since January, as EBay Inc., Ford Motor Co. and AT&T Inc. posted better-than-estimated results and home resales increased more than forecast. EBay rallied 11 percent as its earnings signaled consumers’ appetite for online commerce is starting to [...]

News at a Glance Stocks Rise: M&A, earnings and data carry equities. Dow Movers: AT&T, 3M top views; McDonald’s slips. M&A Action: BMY and Amazon annouce deals, results. Mixed Markets: Europe sags; Asia ends higher. The Lowdown Welcome back to 9000. A day after the Dow’s seven-session winning streak came to an end, traders started a new one that lifted the blue-chip index back above an old benchmark. Stocks finished broadly higher Thursday as traders cheered a surprising housing report, results from blue chips and hefty M&A moves.

The stock market is proving again that its movements don’t always make sense. On July 23 the Dow Jones industrial average bounced back above 9,000 for the first time since January—on a day when Wall Street learned that more than 500,000 Americans filed for jobless claims last week. Meanwhile, earnings reports show corporate profits falling by almost one-third, yet the stock market sits at its highest point this year. In the first two weeks of earnings season , in fact, the broad S&P 500 is up 11%.

By TIM PARADIS AP NEW YORK – Investors celebrated news of another jump in home sales by propelling the Dow Jones industrials to their first close above 9,000 since January. The stock market’s best-known indicator shot up almost 190 points Thursday to 9,069.29, its highest level since November, and all the big indexes gained more than 2 percent. News that existing home sales rose in June for the third straight month and by a higher-than-expected amount led investors to extend a buying spree that has now lifted the Dow 923 points, or 11 percent, in just nine days.

Police say a man who was carrying a bomb and planning to hijack a plane and fly it into a high-rise building has been arrested in Jakarta. The man is said to be a follower of terrorist leader Noordin M Top, who police believe is responsible for the July 17th attacks on the Marriott and Ritz-Carlton hotels in Jakarta. Six foreigners and one Indonesian were killed in last week’s bombing, Jakarta Globe . Fighting between government forces and armed separatists has killed eight people in Yemen.

WASHINGTON — The U.S. housing market is finally on the mend after its most far-reaching collapse in 70 years. That could help rebuild consumer confidence and revive the economy. For the first time in five years, sales of previously occupied…