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国际英语新闻:Dow reclaims 10,000 on earnings optimism

2010-07-08来源:和谐英语
Further bolstering market sentiment, U.S. retail sales probably expanded at the fastest pace in four years, with an average monthly rate of 4 percent in the first five months of the retail fiscal year that began Jan. 31, the International Council of Shopping Centers trade group said in advance of its June report tomorrow.

Investors also shrugged off a downbeat report from Europe, which showed German factory orders unexpectedly fell in May, the first time in five months, as demand for goods from Europe's largest economy waned across the 16-nation euro region.

The Dow Jones industrial average soared 274.66 points, or 2.82 percent, to 10,018.28, the first time for the index to settle above 10,000 since June 28.

The Standard & Poor's 500 index jumped 32.21 points, or 3.13 percent, to 1,060.27 and the Nasdaq rallied 65.59 points, or 3.13 percent, to 2,159.47.

Wednesday's rally also marked the first two-day wining streak for all three major averages in more than two weeks.