Upbeat Manufacturing Reports Fire Up Markets

In a bullish kickoff to November and a highly-anticipated week on Wall Street, the Dow soared more than 100 points Monday morning as the markets cheered stronger-than-expected manufacturing reports in the U.S. and China. Today's Markets As of 10:27 a.m. ET, the Dow Jones Industrial Average rose 106.67 points, or 0.96%, to 11225.43, the Standard & Poor's 500 gained 10.05 points, 0.85%, to 1193.33, the Nasdaq Composite added 19.90 points, or 0.79%, to 2527.36. The FOX 50 picked up 6.84 points, or 0.80%, to 857.38. The upbeat start comes after Wall Street flatlined on Friday to cap off its strongest October in seven years. This week is likely to be crucial because it will determine whether Wall Street's hopes for more gridlock in Washington and new stimulus from the Fed will come true. Those have been two of the biggest catalysts for the markets' surge over the past three months. All 30 Dow stocks were on the rise in recent action, led by tech giants Intel INTC and Microsoft MSFT. The index's worst performers were Kraft KFT and Alcoa AA. Continue reading the article.