Stocks Keep Climbing, Up 70

By Kevin Spak,  Newser Staff
Posted Mar 16, 2009 8:41 AM CDT
Specialist Jeffrey Sheldon, right, of the Kellogg Group, works on the floor of the New York Stock Exchange, Thursday, March 12, 2009 in New York.   (AP Photo/Henny Ray Abrams)
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(Newser) – Stocks kept up their steady climb at the open, building on last week’s 9% rally. The Dow was up 70 points in early trading, while the S&P added 1.2% and the Nasdaq a more modest 0.5%. Those gains followed nice rallies overseas, with the Nikkei up 1.8% and FTSE up 2%, driven by Barclay’s declaration that it was performing strongly; Barclays jumped 14%.