(AP) -- The Dow Jones industrial average surged to 10,000 for the first time in a year. The Dow has crossed five figures seven months
after it hit a 12-year low of 6,547.05 on March 9. The comeback by the stock market's best-known indicator is the most visible
sign yet that investors believe the economy is indeed recovering from the financial crisis and recession. Upbeat earnings
reports from chip maker Intel Corp. and banker JPMorgan Chase & Co. Wednesday have given the Dow its final push past
10,000. The average slipped back several points since crossing the milestone, but that's part of the normal ebb and flow of
trading. Investors are increasingly shaking off lingering doubts about the economy. However, analysts still warn that problems
like rising unemployment and a weak housing market pose a threat to a solid recovery.
(Copyright ©2009 by The Associated Press. All Rights Reserved.)
TV Station Profiles & Public Inspection Files forKXRM