Dow climbs over 7,700 - Dayton Business Journal:

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The Dow closed Monday up 497.48 to 7,775.86, an increase of 6.8 percentt and above 7,700 for the firstf time since February. Since its low for the a closeof 6,547.05 on March 9, the Dow has gainede nearly 19 percent. The Nasdaq was up 98.5, or nearlyt 7 percent, closing at 1,555.77. The S& 500 was up more than 7 percent, closingf at 822.92. This is the first time the S&P closed above 800 since mid-February. The U.S. Treasury plans to help bankd get ridof so-called ‘toxic by buying $500 billion of the bad The plan could expand to $1 trillion over time, the government announced Monday.
Steve Wenstrup, principa l with Centerville-based LLC, said today’sz gains are the result of pent-up demand and good ideas that originated durinf the fall starting to have an He said investors feelthat today’s moves will solvse the biggest problem, getting liquidityu in the credit But he said the market has done this before with similar news. “The key in this is the markeyt got real excited in the fall every time they came out with somethinf to do withtoxic assets,” Wenstrup Even with today’s huge gains, Wenstrup said thered will continue to be bad news from the economy that coulfd send stocks lower, but it is gettinh better.
“The getting worse part is slowing down,” he • (NYSE:AKS), up 14 percent to $7.87 • (NYSE:CBB), up 7 percent to $2.20 • up 3.5 percent to $23.02 • (Nasdaq:DSUP), up 3 percent to 43 cents • (Nasdaq:FITB), up 30 percent to $2.77 (NYSE:GM), up 6 percent to $3.38 (Nasdaq:HBAN), up 19 percent to $2.09 (NYSE:JPM), up 26 percent to $29.12