The stock market logged another good week,with the S&P notching its highest close since June 2008 on Friday,up 1.4 for the week and 0.55 for the day.Relief at the resignation of Egyptian president Hosni Mubarak helped ensure the bull market's continuation.Next week the market will have a raft of data to respond to,from manufacturing figures to retail sales,but the current momentum trade may be strong enough to overcome even a disappointing set.
In the United Arab Emirates,Tiger Woods shot an excellent 66 at the second round of the Omega Dubai Desert Classic,putting him in a tie for fifth place with four others.Northern Ireland's young star Rory McIlroy led with a -11 for the two rounds.
The Cleveland Cavaliers ended their record 26-game losing streak with a 126-119 win over the Los Angeles Clippers.
Following a bitterly cold few mornings,the Mid-Atlantic region will enter a stretch of springlike conditions,with temperatures expected to reach above 50 Fahrenheit.
The S&P futures signaled more smooth sailing for equities on Monday,rising 8.50 Friday evening,and the ten year Treasury futures prices also rose.
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