Dow Has Best Month Since 2002

More good news. This time it involves the Dow Jones Industrial Average, or Dow.

Dow Has Best Month since 2002
The Dow Jones Industrial Average, which is an average of 30 large stocks, had its best performing month ever since 2002, and it was the first positive monthly increase in almost a year!

Overall Tuesday Results
Overall Tuesday, the Dow rose 86.9 points, or 1.2%, to 7608.92, driven by gains in banking stocks and software maker Microsoft. For the month, the Dow rose 7.7%, its biggest monthly gain since October 2002, which turned out to be the start of the last bull market. Tuesday, the broader Standard & Poor's 500 index increased by 1.31% or 10.34, or 1.31%, to 797.87.
We still have a ways to go, but I believe that we have bottomed out and have already started our very slow crawl out of this hole.