The new pope did not bless the Dow or the rest of the stock market Wednesday.

But he didn't have to - stocks are rising without any divine intervention.

The Dow Jones industrial average rose for the ninth straight day Wednesday, its longest such streak in 16 years.

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To put that in context, the O.J. Simpson civil trial had just begun. The Yankees were World Series champions. And a Democratic president, Bill Clinton, had just been elected to a second term.

The Dow’s advance Wednesday was microscopic -- a mere 5 points. But that was almost twice the gain of the day before, when it rose fewer than 3 points.

Still, a gain is a gain.

Stocks were carried higher by better-than-expected retail sales, which soothed worries that consumers would pull back amid higher gasoline prices and the pinch of increased payroll taxes.

In a bullish sign, the Dow Jones transportation average powered ahead 1.6%, a sign that investors expect the nation's airlines, railroads and trucking companies to be shipping lots of goods to consumers in coming months.

The Standard & Poor’s 500 index, the only major stock index not to reach a new high recently, nudged closer to that goal, rising 2.04 points, or 0.1%, to come within 11 points of its 2007 record close.

The rise in the Dow reflects the belief among investors that more short-term gains are coming. There is a widespread expectation that stock prices will weaken to some extent after their recent strong run.

But many investors are betting that the indexes have further to go before a pullback hits.

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