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It was the second quarterly gain after four consecutive declines.
First, the last time that the big indexes had four consecutive declines was in 1929-32.
They were the first two years of consecutive declines in the state since 1974, officials said.
Stocks started strong after news that German business confidence rose in November after six consecutive declines.
WASHINGTON (AP) — Businesses unexpectedly added to inventories at the wholesale level in October, breaking a string of 13 consecutive declines.
After three consecutive declines, the Dow Jones industrial average rose 117.33 points yesterday, or 1.35percentto to 8,828.46.
Similar(36)
It was the 12th consecutive decline.
Imports fell 14percentthethe sixth consecutive decline, to $96 billion.
Manufacturers lost 21,000 jobs last month, their 16th consecutive decline.
That was the 19th consecutive decline in this category.
Sales this quarter will fall to $310 million to $320 million, the second consecutive decline, the company said in December.
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