The Dow closed up +115.75 (+0.93% at 12,570.58.
Markets headed higher after I successfully called an intermediate, temporary, limited bottom last week (ha,ha,ha).
I think the market is going higher because Facebook is going lower. we do need to get more upside for the Facebook downside though Facebook was down 10% and the market was up only 1% and change.
The dollar was down against the euro and British pound, but gained versus the Japanese yen.
Oil for July delivery slipped 10 cents to settle at $90.76 a barrel.
Gold futures for June delivery dropped $20.02 to $1,552.80 an ounce.
The price on the benchmark 10-year U.S. Treasury was up, with the yield falling to 1.72% from 1.74% on Friday.