Weekend Reading

Former Morgan Stanley chief global strategist Barton Biggs says that markets may continue to rise.
Click here

Text proposed by Obama administration for new global warming treaty calls for stricter rules on the US than most other nations, including China and Saudi Arabia.
Click here

Many of the world's "hottest" gold stocks traded at or near a 52-week high on Friday.
Click here

Worthwhile to keep an eye on the US dollar.
Click here

Has China embraced agricultural market reforms?
Click here

Key to avoiding worldwide food crisis may be increased potash production for fertilizers.
Click here

Two gas discoveries by StatoilHydro -- in Harepus prospect in the Norwegian Sea and the Corvus prospect in the Oseberg area of the North Sea.
Click here

Fewer Mexicans coming to US and sending money home.
Click here

Obama administration blocks helicopters for Israel.
Click here

Obama contributors rewarded with offers of plum positions in his administration.
Click here

JetAmerica Airlines offers some $9 fares between some East Coast and Midwest cities starting this summer.
Click here

NHL takes a lesson from NFL.
Click here

Kentucky distillery tour provides glance into whiskey-making.
Click here

Jamie Wyeth, following the death of his father Andrew Wyeth, has focused on his own art -- exhibition opens in Rockland, Maine this month.
Click here

Rare Audrey Hepburn stamp brings $93,000 at a Berlin auction.
Click here

Wall Steet Rally on Friday

US stocks rallied on Friday -- the Dow Industrials soaring 96 points, the Nasdaq up 22 points and the S&P 500 up 12 points.

The major indices shot higher in the final hour of trading -- and CNNMoney.com reports that May's gains represent the first time that stocks have gained for three consecutive months since 2007.
Click here

Crude oil futures rose to $66.20 a barrel -- a six-month high, almost doubling since the lows of just over three months ago.

Morning Coffee And Reading

India's GDP grew 5.8 percent last quarter, topping estimates.
Click here

Japan's factory output surges.
Click here

Most undiscovered natural gas is north of Arcic Circle in Russian territory.
Click here

Oil approaches largest monthly gain since 1999.
Click here

Scientists identify new Ebola-like virus in Africa.
Click here

J. Crew profit falls by 33 percent.
Click here

Novell profit more than doubles.
Click here

Dell earnings suffer 63 percent decline.
Click here

The Bulls Keep Marching On

Once again the bulls assumed control of the market on Thursday -- as the Dow Jones Industrials moved up 103 points, the Nasdaq Composite gained 20 points and the S&P 500 gained 13 points.

Tata Expanding Into Low-Cost Housing

Tata Housing, a unit of the Tata Group that is the designer of the world's cheapest car, has moved into the low-cost housing arena.

Click here

Indices on Wednesday Give Back Some of Prior Day's Gains

After rallying on Tuesday, the major indices turned around on Wednesday and relinquished some of the prior day's gain.

The Dow Jones Industrials dropped 173 points on Wednesday, while the Nasdaq gave up 19 points and the S&P 500 finished 17 points lower.

Market Action Strong on Tuesday

The Dow Jones Industrial Average soared 196 points on Tuesday, while the Nasdaq climbed 58 points and the S&P 500 posted a 23 point gain.

The market reacted strongly to a consumer confidence report for May that surged to 54.9, reflecting the largest gain since 2003 -- and to a Morgan Stanley raise of Apple to overweight based on the expectation that the iPhone will provide profit growth for the next two years.