The economy adds 162,000 jobs in July, less than expected. The jobless rate drops to 7.4%, the lowest in 4 1/2 years. Stocks slide at first but surge at the close.
But the market is beginning to look overbought as oil prices and interest rates are on the move again. Google, Apple and Facebook boost the Nasdaq.
Good economic news has given the bulls something to cheer about, but bears point to future challenges on the horizon.
With the market trading near long-time highs, is it too late to buy into the rally? Not if you follow these simple rules from a proven pro.
The central bank will describe its plans for the next few months on Wednesday. The odds favor a bland announcement, which should cheer investors.
The shares are up more than 42% since reporting a huge earnings and revenue beat for the 2nd quarter. CEO Zuckerberg's stake has jumped from $13 billion to $18.8 billion.
The rally shows its strength by shrugging off weakness in Japan and worries about next week's Fed meeting. Exxon, Chevron and Whole Foods report results.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
A WisePiggy.com poll found that many Americans, especially older ones, do little or nothing to protect their credit scores and reports. See why you should check your credit history.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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