Topic: Amphenol Corporation
New signs of recovery in the housing market and strong corporate earnings sent stocks higher for a second straight day. The Dow Jones rose 103 points, to close at 12,908. The positive showing comes on the heels of an otherwise dismal start to July trading.
The Dow and the S&P 500 had their highset closing numbers since July, propelled by a surprisingly strong report on the housing market and the possibility of more money for the International Monetary Fund. The Dow rose 96 points to close at 12578, and the S&P gained 14 points to end the day at 1308.