. >> susie: existingome sales surge as buyerpick up bargains and take advange of the first me buyer tax credit. the news caps a volatile weeon wall strt, and sends stocks to fresh highs for the year >> paul: tonight'smarket nitor" guest sees dow 10,000 by the e of the year. he's mark skousen,ditor of orecasts and strategies." >> susie: alers are expecting a rushn this last weekend for cashor clunkers deals, but what happens next with clunks clai and future sales. >>aul: i'm paul kangas. >> susie: and i'm sie gharib. this i"nightly business report" for friday, august 2 "nigly business report" is made possible by: this progr was made possible by contributions to yourbs station fr viewers like you. thank you. captiong sponsored by wpbt >> sus: good evening, eryone. bebernanke said today the proscts for economic growth in the u.s. aear to be "good," and those comments trigger a stock market rly. speaking at a conferencen jackson le, wyoming, the fedel reserve chairman gave a more upbeat forecast comred to the fes statement last week after a central bank poly meing. but bernan also warned of

friday, existingome sales for ju. also, nexteek, quarterly results from hewlettackard, home depot, lowe's, sears d target. >>aul: my guest market monitor this wk is james stack, president of stack fancial management and publisherf the investech researcharket tter. jim welce back to n.b.r. stil decisively bullish, yes, i think have more potential gains ahead. we have to keep in md by historical standds this market is way off i highs. bothhe dow and the s&p would have to gain over 50% from today's levels to get back to where is bear market srted. >> paul: somethi that seems to trouble wall street ite a t is ts fading consumer seiment we saw today. what can give that a boost? >> keep in mind,e just had a seack in sentiment. we had a big rally in nsumer sentiment and confiden coming t of the march lows. wee had a slight setback, and it hasn't followed vy much in consum expectations -- that is, lookinsix months down the road, so i think we're going to see consumer confidencrebound next month. >>aul: how serious a thre is i