Stocks Keep Climbing, Up 70

Posted Mar 16, 2009 8:41 AM CDT
Stocks Keep Climbing, Up 70
Specialist Jeffrey Sheldon, right, of the Kellogg Group, works on the floor of the New York Stock Exchange, Thursday, March 12, 2009 in New York.   (AP Photo/Henny Ray Abrams)

Stocks kept up their steady climb at the open, building on last week’s 9% rally. The Dow was up 70 points in early trading, while the S&P added 1.2% and the Nasdaq a more modest 0.5%. Those gains followed nice rallies overseas, with the Nikkei up 1.8% and FTSE up 2%, driven by Barclay’s declaration that it was performing strongly; Barclays jumped 14%.

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