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FOX Business: The Power to Prosper

The markets soared on Friday as traders cheered encouraging retail sales data, strong earnings from Google and remained optimistic that a meeting between global economic policymakers will ultimately yield a plan to tackle Europe's debt crisis.

Today's Markets

As of 9:43 a.m. ET, the Dow Jones Industrial Average climbed 116 points, or 1%, to 11,594, the S&P 500 jumped 15.8 points, or 1.3%, to 1,219 and the Nasdaq Composite leaped 36 points, or 1.4%, to 2,656.

Despite a relatively weak showing in the prior session, Wall Street has been on a clear trend to the upside. Indeed, the blue chips have climbed 5.2% this month, and are less than 1% from moving into positive territory for the year. The broader S&P 500 has been up in six of the past eight trading sessions, tacking on 6.4% so far this month.

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The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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Posted-In: FoxBusinessIntraday Update