Global Market Update: China Closed, Japan-Hong Kong-Singapore on Holiday, S&P 500 Soars Past 5000!

Good signals from global markets... China's markets will remain closed this entire week... Holiday in Japan, Hong Kong, Singapore today... Mixed business in US on Friday... Trading in the range of 170 points. Dow slipped 55 points... S&P 500 again made a new record, closed above 5000 for the first time... IT's bullishness continued, Nasdaq jumped 1.25% and reached near 16000... 10 year bond yield near 4.2%.. 5th consecutive weekly gain in US markets