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Dow at record again, ends higher for ninth day

Wednesday, March 13, 2013 16:25
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(Before It's News)

(Reuters) – U.S. stocks edged up on Wednesday, with the Dow rising for the ninth straight session to another record, buoyed by surprisingly strong retail sales that suggested the economy is gaining momentum.

The Dow Jones industrial average’s nine-day winning streak is the longest consecutive run since November 1996.

But trading volume was light. Moves have been muted in recent days as investors consolidate positions after a strong run-up in the first three months of the year. Still, weakness in stocks has been met with buying, which helped propel the market’s advance

http://www.reuters.com/article/2013/03/1…7T20130313



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