70°

Topics

Ross Stores Incorporated
Stock market grinds out gains in first half
Stock market grinds out gains in first half

It was a slow grind, but U.S. stocks posted gains in the second quarter and first half, extending the bull run into a sixth year. In a surprise, investors also were rewarded for sticking with bonds, as interest rates resumed their decline after surging late in 2013. The latest drop in rates boosted the value of trillions of dollars in outstanding bonds. On Wall Street, the Dow Jones industrial average edged up 2.2% in the second quarter and 1.5% in the first half. The Dow closed the quarter on Monday at 16,826.60, not far from its all-time high of 16,947 on June 20. Many broader U.S. market indexes fared better than the blue-chip Dow, underscoring investors' faith in the U.S....

Loading