Stock Extend Friday's Rally

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Originally published on Fox Business
FOX Business: The Power to Prosper After posting big gains and breaking a four-day losing streak on Friday, the markets kicked off the week with a solid advance. Today's Markets As of 10:50 a.m. ET, the Dow Jones Industrial Average rose 78.9 points, or 0.6%, to 13175, the S&P 500 gained 7.7 points, or 0.55%, to 1399 and the Nasdaq Composite climbed 23.1 points, or 0.78%, to 2991. The Dow soared 217 points on Friday as traders responded to better-than-expected data on the U.S. labor market. However, the blue-chip average only ended the week higher by 20.5 points, weighed down heavily by earlier losses. After a week filled with several major central bank meetings and a deluge of economic data, this is one set to set off on slower tone. There are no major economic releases on tap. Continue reading this article
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