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Dow notches ninth straight gain, longest since '96

6:59 PM, Mar 14, 2013   |    comments
A sign for Wall Street is seen just outside the New York Stock Exchange.(Photo: Timothy A. Clary, AFP/Getty Images)
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NEW YORK (AP) - The Dow Jones industrial average is on its longest winning streak in 16 years and investors are hoping the trend will continue today.

The bluechip index rose five points, or 0.04 percent, to close at 14,455 yesterday.

The Dow has risen every day so far in March, adding 400 points to the index. It broke through its previous all-time high on March 5th.

The broader S&P 500 climbed two points to 1,554, a gain of 0.1 percent.

The Nasdaq composite edged up nearly three points to 3,245.

Retail stocks rose after the government reported an unexpectedly big increase in consumer spending last month.

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