Stocks rally to 4-month highs

Great news! And it’s earnings season!

NEW YORK ( — A U.S. stock rally continued to pick up speed through Monday afternoon, with all three major indexes closing at four-month highs after a key group of economists called an official end to the recession.

The Dow Jones industrial average (INDU) gained 146 points, or 1.4%, to end at 10,753, its highest close since mid-May. The tech-heavy Nasdaq (COMP) rallied 40 points, or 1.7%, to finish at 2,355.


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