Stocks Up, Adding to Friday Gains

Stocks are climbing again today following a big rally on Friday.

S&P 500 futures rose more than 0.1 percent, while European markets are mixed. Asia was mostly positive in the overnight session, with ongoing weakness in the Japanese yen driving the Nikkei higher by more than 2 percent. China also reported strong exports and mild inflation, adding to data in the United States that showed steady improvement in the global economy.

The S&P 500 ended last week with a 1.1 percent rally after monthly U.S. employment data exceeded expectations. Manufacturing numbers released last Monday were also strong. The gains came despite higher bond yields and suggest that investors are less worried that a reduction in monetary stimulus by the Federal Reserve will hurt the economy.

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