Stock rally stalls as investors await new catalyst

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Courtesy Newsvine - business  Sun, 05/17/2009 - 16:27

The stock market has run out of reasons to rally, at least for now. After a two-month surge that saw the Dow Jones industrials average soar 31 percent and the Standard & Poor's 500 index shoot up 37 percent, investors gave up some of those gains last week.

As the new week begins, there doesn't seem to be any catalysts that could restart the rally.


 

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