Stocks End Up, Nasdaq at 2-Month High
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Stocks advanced in a broad-based rally  on Friday, the first day of a new quarter, as software company  PeopleSoft Inc. and chip-related stocks drove the tech-heavy  Nasdaq to its highest level in more than two months.
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U.S. stocks soared on Wednesday, driving the Dow up more than 100 points and propelling it to an all-time high for the second day as positive momentum brought buyers into the market.
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The dollar climbed to a two-month high  against the euro on Thursday, underpinned by technical trading  factors and expectations of higher U.S. interest rates.
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European stocks touched two-month highs  on Monday as tech shares rallied after STMicroelectronics    stuck to its full year forecast while government bond yields  firmed on continuing speculation about rate hikes.
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Stocks rose on Friday amid heavy  trading on the first day of the quarter as PeopleSoft Inc.  PSFT.O and chip-related stocks boosted the tech-heavy Nasdaq  to its highest level in more than two months.
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European stocks touched two-month highs on Monday as tech shares rallied after STMicroelectronics   stuck to its full year forecast while government bond yields firmed on continued speculation about interest rate increases.
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Oil climbed to a two-month high near $63  on Thursday, building on the previous session's gains after an  unexpected drop in U.S. winter fuel stocks and signs of solid  economic growth in the world's top consumer.
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Stocks rose sharply on Friday in heavy  trading as software company PeopleSoft Inc. and chip-related  stocks boosted the Nasdaq and Standard & Poor's 500 indexes to  their highest closes in about three months.
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Stocks jumped on Friday, driving the Nasdaq up 2 percent briefly and S&P 500 up 1 percent, after lender Countrywide Financial Corp.  said it expects to return to profitability this quarter, easing some fears about financial sector losses.
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Stocks closed higher on Thursday as a 2 percent gain in oil prices boosted shares of Exxon Mobil Corp.  and other energy companies while data showing moderate inflation increased optimism about the economy.
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Stocks rose on Friday after news the  economy added more than twice the number of jobs expected last  month, sending the Standard & Poor's 500 index to its highest  in more than 2 1/2 years.
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NEW YORK -- Oil prices settled at the highest level in more than two months yesterday, as concerns over declining product supplies outweighed traders' worries about volatile global stock markets.
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U.S. stocks ended higher on Wednesday  as investors snapped up semiconductor shares at bargain prices  and bought some blue chips after crude oil retreated from  record high prices.
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Technology stocks climbed near a  2-month high on Monday, as investors seeing value in a battered  group bought software and semiconductor shares, while higher  crude oil prices limited blue-chip gains.
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U.S. stocks climbed on Wednesday, pushing the Dow to an all-time high for the second day in a row and driving the Nasdaq up more than 1 percent, as data showing a weaker-than-expected services sector calmed inflation fears and added to hopes the Federal Reserve will keep interest rates unchanged.
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U.S. stocks rose on Tuesday, pushing   the Dow Jones index to its second-highest close ever, as an   unexpectedly big jump in consumer confidence eased investor   concerns about the effect of slowing economic growth on   corporate profits.
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Stocks rose sharply on Tuesday, driving the Nasdaq composite index more than 1 percent higher, as overseas equities rebounded and investors bet that markets may be stabilizing after recent heavy losses.