2 of 7
BACKNEXT
Stocks: The rally of '09
The stock market has rallied since Obama took office, with the Dow Jones industrial average up nearly 17% since Inauguration Day.

After last year's historic declines, investors have been wading back into the market as the economy has shown some signs of stabilization. Still, the blue-chip average is 35% below the highs of November 2007.

Looking ahead, investors will be awaiting signs of improvement in the labor and housing markets, said Quincy Krosby, the market strategist at Prudential Financial.

"There's much to watch," she said. "This stock market is going to be looking ahead six months and outside the United States for direction."



NEXT: Jobs: The lost year

Last updated August 05 2009: 9:07 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Awesome car options for first-time buyers There are lots of good options for millennials shopping for their first car. These models might not be the most popular, but they're worth considering. More
6 surprising things for sale on Taobao Consumers can buy just about anything and get it shipped to their door from Alibaba's Taobao, China's most popular online shopping platform. More
Most notorious recalls ever It's not just automakers that issue massive recalls. From lawn darts to Pokemon balls, plenty of other consumer products have been deemed dangerous, or worse, deadly. More

Special Offer