Market Wrap for Thursday, June 27: Stock Market Rally Picks Up Momentum
June 27, 2013 at 16:26 PM EDT
The U.S. stock market rose sharply for the third straight session on Thursday in the wake of upbeat economic data. Jobless claims continued to fall according to a report, and both personal income and pending home sales came in well ahead of economists' expectations. Investors also reacted to comments from