Stocks Climb As Good News Continues

Stocks are rising this morning as continued strong economic news and earnings give investors no reason to sell.

S&P 500 futures have been accelerating throughout the morning and are now up about one-third of 1 percent. European markets have been climbing as well, punctuated by a gain of more than 1 percent in Frankfurt.

Asian indexes were mostly higher overnight. Japan’s Nikkei stood out once again with rally of almost 3 percent.

The German Ifo survey of business sentiment rose two points to 104.2, beating the 103 forecast by economists. The news follows other strong reports from Europe this week, including the German Zew survey of investor confidence and strong purchasing managers data.

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