The US stock markets have reached a new 2009 year high yesterday, with the Dow Jones going past the 10400 mark with ease. The key trigger for the upsurge in the stock market was the strong 1.4% rise in US retail sales in the month of October 2009.
The US auto sales have been the key contributor for the October 2009 sales since the base in September 2009 was pulled down by the withdrawal of the cash-for-clunkers program.