• The Dow Jones Industrial Average .DJI rose 220.74 points, or 0.88 percent, to 25,295.87, the S&P 500 .SPX gained 19.16 points, or 0.70 percent, to 2,743.15 and the Nasdaq Composite .IXIC added 58.64 points, or 0.83 percent, to 7,136.56.
The S&P 500 and Nasdaq notched their best weekly gains in more than a year on Friday as technology stocks helped lift major indexes to records.
• Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year.
• Asian shares on Monday looked set to take cues from Friday's stateside gains. With few data releases expected during the session, many investors are awaiting earnings releases from regional corporates later in the week.
• U.S. markets closed higher on Friday despite jobs data for the month of December coming in below expectations.
• MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.1 percent having climbed 3.1 percent last week, its strongest performance in six months.
· At 587.99 the index is within spitting distance of the record top of 591.50 hit in November 2007.
Reference: Reuters