Dow back up above 10,000

NEW YORK (AP) – The Dow Jones industrials are back above 10,000
after investors had second thoughts about the heavy selling in the
stock market during the last two weeks.

Stocks soared Wednesday and the Dow rose 275 points after a
modest gain Tuesday. It was the market’s first back-to-back advance
since mid-June. But analysts warn that the gain doesn’t signal
investors are more optimistic. They say it looks like a case of
investors scooping up stocks that had become cheaper after heavy
losses.

Financial stocks rose on an upbeat profit forecast from State
Street Corp.

(Copyright 2010 by The Associated Press. All Rights Reserved.)