Wed, 16 Jan 2013 13:22:57 GMT
Dow gains on hopes for better economic outlook
U.S. blue chips surged with the S&P 500 rebounding from earlier decline on improving retail and transportation companies. Retail sales climbed more than expected in December, showing Americans might be able to rise above Washington's budget ceiling to boost the economic growth. The Dow Jones Industrial average gained 0.2%, or 27.57 points, to 13,534.89. Five out of nine sectors in