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We’re in store for a big week of economic data releases, beginning on Tuesday with the PPI and Advance Retail Sales and additional details about the HARP changes.  The market will be closely watching Europe (AGAIN) to see if any news comes out regarding its nasty debt troubles.

What’s Up on Wall Street?

Big gains all across the board last Friday as all three major markets saw sizable increases.  The Dow Jones Industrial Average jumped 259.89 points (2.19 percent) to close the week at 12,153.68.  Even after a rocky week, the Dow still managed to increase by 85 points over the five days of trading.  The S&P 500 jumped 24.16 points (1.95 percent) to close the week at 1,263.85, a marginal two-point improvement from Monday.  The Nasdaq Composite rose by 53.60 points (2.04 percent) and dropped by 17 points through the week’s trading.

Eric Mally is a contributor for Quicken Loans’ Zing Blog.  Stay connected with us on our Facebook page and our Twitter page to find out all the ways we’re Engineered to Amaze.

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