NEW YORK (CNNMoney) -- Stocks surged last week to their highest levels in years, but there are few key economic reports slated for the week ahead to sustain the rally. The big news last week was Friday's report from the U.S. Labor Department, which showed a much larger-than-expected increase in hiring and a surprise drop in the unemployment rate. Investors cheered the jobs data, which came on the heels of upbeat reports on auto sales, construction spending and manufacturing activity. The Dow rose 1.6% last week, ending at its highest point since May 2008. The Nasdaq jumped 3.2% over the last five trading days, climbing to its highest level since December 2000, and the S&P 500 added 2.2%. Next week, investors will take in reports on consumer sentiment and the nation's trade balance, both coming on Friday. |