After three days on the upswing, stocks started off strong Friday.
The Dow Jones industrial average, S&P 500 and Nasdaq all made moderate gains in the first few hours of the day.
The past three days have been good for the stock market—and America's economy—as retail sales posted better-than-expected numbers and General Electric's rating downgrade by Standard & Poor's was limited. Some analysts also credited the guilty plea and jailing of investment banker Bernard Madoff in a multi-billion dollar fraud case.
Source: CNNMoney.com, Stocks Edge Up at the Open
Related Articles:
Wall Street Marks Best Close of 2009