Stocks rallied Monday, coming off their best weekly performance in a month, after the Group of 20 pledged to keep stimulus in place until recovery was assured.
Wall Street opens the new trading week coming off its best weekly performance in a month, with U.S. stock index futures pointing to a modestly positive opening Monday.
Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades. Still, all three major indexes were on track to post gains for the week.
Stocks opened higher Thursday as a strong reading on productivity and an easing in jobless claims helped cheer investors during a choppy week of trading.
Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
Stocks rallied Wednesday after the Fed's statement. The market had been higher before the statement as investors cheered some encouraging readings on the economy, then swung a little right after the statement before barreling higher.
The job market and the Fed are likely to be at the center of Wall Street's focus Wednesday, following a volatile session which saw the major averages end not too far from where they started.
Tuesday, 13 Oct 2009 | Posted By:
Jeff Cox | Source: CNBC.com
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