Stocks finished mostly higher as markets cheered the European deal to shore up euro-zone banks and boost the firepower of its rescue. Also, Hewlett-Packard and Advanced Micro Devices made solid gains and pushed the tech sector higher. H-P picked up 3.5%, after an announcement that it was keeping its PC business. AMD jumped 7.2% on better-than-expected results for the third quarter and forecasted earnings slightly ahead of estimates. This week investors will turn to the fundamentals of the U.S. economy. All eyes will be on the Chicago and ISM manufacturing indexes, the Fed’s monetary-policy meeting and the October unemployment report. In other economic data, auto and retail same-store sales for October. Aside from the economy, Comcast and Prudential Financial are among heavy-hitters this week, as both companies to report earnings. The stock market is approaching key technical levels, this week will show whether these levels can become floor or ceiling for this current move. Implied volatility inched lower to the 23 level on the lightest trading volumes.NEAREST RESISTANCE LEVELS: 59.1, 59.3
NEAREST SUPPORT LEVELS: 58.9, 58.55, 57.1, 56.6, 55.8, 53.0, 50.0
