(as of 7:00 AM PST)
In a very quiet market, indexes are extending gains from Friday's rally. There is very little data for investors to ponder. China's PMI came in below 50 again indicating that economic activity is decreasing for the second month in a row. Hopes of further financial stimulus muted any negative effect on Asian markets. Europe is looking stronger with hopes for a Greek bailout swelling this week. In the US factory orders were up 2.1%, matching analyst projections. Gold is up while oil is down marginally. It's shaping up to be a solid day lacking the usual hype and excitement.
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