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The Honolulu Advertiser
Posted on: Wednesday, July 1, 2009

Major indexes had double-digit gains in the second quarter


Associated Press

NEW YORK — Investors carried Wall Street to a remarkable second-quarter performance even though stocks' big spring rally stalled weeks ago.

The major indexes all managed to end the quarter with double-digit percentage gains.

Now, whether the market regains its momentum in the July-September period or hunkers down again will depend on what companies have to say in the next few weeks — not just about their own prospects, but the economy's as well.