Marketspace Financial

The short holiday week was a positive one for stocks as nice earnings and several resolution to Greece's debt issues, boosted both the Dow and S&P 500 about 3% Companies like Merck, Kraft, Hewlett-Packard, and Intel all reported growing earnings and earnings that were above expectation. From the long-term view maybe the largest news came on Thursday as the Federal Reserve raised its Federal Discount Rate from 0. 5%