Wall Street extends recent gains in early going
Wall Street is extending its rally as investors wait for the release of readings on housing and construction.
Stocks are trading higher early Monday ahead of the National Association of Realtors' pending home sales index and the Commerce Department's report on construction spending. The two reports for March are to be released at 10 a.m. Eastern time.
This week brings a number of key economic reports, chief among them the April employment report on Friday. Investors are hoping the data will provide further validation that the economy is beginning to heal.
In the early going, the Dow Jones industrial average is up 60 at 8,272. The Standard & Poor's 500 index is up 7 at 884, while the Nasdaq composite index is up 14 at 1,733.