Friday’s jobs number is the next big hurdle for markets, and traders expect it to be pivotal to the Fed’s next easing move, as well as a factor in whether the stock market can continue to rally.

The
S&P Sector Market Carpet
shows a sea of green on Monday. All sectors were up sharply with consumer discretionary (+1.7) and technology (+1.6) showing the biggest average gains. Keep in mind that these numbers represent the average gain or loss for all stocks in the sector, not the gain or loss for the SPDR (XLY or XLK). Rowan (RDC) shows the biggest gain of all.

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