Stocks rallied to record levels with a better-than-expected and optimistic October jobs report. The economic recovery is staying on track and all three major stock indexes - Dow Jones, S&P 500 and Nasdaq - are at all-time highs.
Economic reports from last week came back mostly positive: •Construction Spending - worse than expectation •Vehicle Sales - better than expectation •Jobless Claims - better than expectation •Employment - better than expectation •Consumer Credit - better than expectation This week, investors will look for guidance from economic reports like Small Business Optimism, Jobless Claims, Jobless Openings and Consumer Sentiment.