Thanks partly to the decline of oil prices and news that Apple may start using Intel chips in its Mac computers, U.S. stocks have continued to rise in their biggest weekly gain in the last six months.
"After last week's strong performance, you can expect investors to sit back a bit and wait to see if others are committed to putting more money back into stocks," said Philippe Gijsels, chief global market strategist from Fortis's private investment unit in Brussels.
The Dow Jones Industrial Average was up 34.66 to 10,506.57 in midday trading, while the Nasdaq Composite Index was up 6.03 to 2,052.45, and the Standard & Poor's 500 Index was up 2.81 to 1,192.09. Last week, the Dow Jones and S&P had their highest point increases in six months and the Nasdaq had its biggest point gains in nine months. Murdok. Visit Murdok for the
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Big Stocks Continue To Gain
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