Stocks jump in first day of '10 trading

This article summerizes the recent jump in Wall Street. It stats, "Wall Street surged Monday, starting off the new year on a positive note, after a report showed manufacturing activity is picking up and the weak dollar propelled commodity prices and stocks." One of the main points to look at is that many money anylists say that the rise is typical for a new year, and although it was a good sign, they want a few more days of it until they will say that a rally has recharged. Some other countries had to spikes to, but with the US dollar continuing to be weak, it has lifted dollar traded commodidies. Gold was lifted 22 more dollars to a better value now, but 10 year bond prices dipped a bit this week.

http://money.cnn.com/2010/01/04/markets/markets_newyork/index.htm

I think that even if this spike occurs repeaditivly every year almost, it still is a good sign that we are not falling worse into the slump, and maybe even climbing out of it slightly. I hope the dollar comes back so it stops affecting trades with other countries and makes it more profitable. Also it was a good sign that gold prices are going up, but we wish that the 10 year bond prices would stop dropping and start to build back up.