U.S. equities resumed their rally
U.S. equities resumed their rally into the teeth of a buoyant earnings season, with more to come along with key jobs data ahead. The Dow is 65-points higher, S&P gained 4-points and NASDAQ rallied 16-points in pre-open trade following mostly firmer stocks globally. Asia was led by a 1.2% rally on the HK Hang Seng, along with a 0.4% gain on China's CSI 300, while Japan's N-225 sank 0.17%. In Europe, stocks are 0.2-0.3% firmer on average. In M&A, Scripps Network rallied 1.2% after a $14.6 B bid from Discovery Communications. Dynavax surged 108% after a Hep-B vaccine was lauded by FDA advisors. On tap next are Chicago PMI, NAR pending home sales and the Dallas Fed, a mostly minor gauntlet for investors to start the week.