A late surge in buying helped bring the markets up from breakeven levels on Friday. Widespread overbought conditions will greet traders on Monday.
The Dow gained 96.53. The Nasdaq Composite ended the day up 22.54. And the S&P 500 closed ahead 12.31.
Here are 7 Stocks You Need to Know for Monday.
Shares of Dell ( DELL | Quote | Chart | News | PowerRating) gapped higher and pulled back on Friday. The computer maker reported quarterly earnings Thursday after the close that narrowly beat analyst estimates.
By an overwhelming vote, the United Auto Workers approved a new labor agreement with General Motors ( GM | Quote | Chart | News | PowerRating). The deal will make it easier for the automaker to meet its government-mandated restructuring requirements.
Among the better performing Dow stocks on Friday was Coca Cola ( KO | Quote | Chart | News | PowerRating), which has closed higher for 10 out of the past 11 sessions. The stock gained more than 4% on Friday, closing at its highest level since October 2008.
Rallying to its highest closing levels since January were shares of McDonald's ( MCD | Quote | Chart | News | PowerRating), up more than 1% on Friday.
A 2% pop in Microsoft ( MSFT | Quote | Chart | News | PowerRating) helped the stock close above its 200-day moving average for the first time in more than a year.
Conversely, pulling back above their 200-day moving averages on Friday were both Cisco Systems ( CSCO | Quote | Chart | News | PowerRating) and Intel ( INTC | Quote | Chart | News | PowerRating).
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