barack obama was a freshman
senator, lehman brothers and aig
were still in business, and
facebook had fewer than 100
million users.
the index has jumped 6% in the
eight weeks since new year's day
and nearly doubled since
bottoming out in march 2009.
with nearly 165 million
americans invested in stocks,
mostly through 401(k) retirement
accounts, that's likely to boost
consumer confidence.
>> a more confident consumer is
one more likely to spend, and
they're willing to look to the
future with a bit more optimism.
>> i'm unimpressed with the
stock market.
if the wall street fat cats get
richer, that doesn't affect me
or my friends.
>> reporter: rising stock prices
may not mean much to consumers
struggling with rising gas and
food prices.