U.S. stocks have continued to rise in their biggest weekly gain in the last six months helped by the decline of oil prices as well as news that Apple may start using Intel chips in its Mac computers.
The Dow Jones Industrial Average was up 9 points to 10,481 in mid-morning trading , while the Nasdaq Composite Index was up 1 point to 2,047, and the Standard & Poor's 500 Index was up 1.77 points to 1191.05. 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.
"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. Bloomberg News Murdok. Visit Murdok for the
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U.S. Stocks Continue To Gain
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