Business news: Five things to watch March 28

The bulls were in charge last week, taking advantage of a big drop in volatility to stealthily sprint ahead. Stocks will try to keep the momentum going Monday, despite geopolitical risk and more potentially horrid housing data. Here are the Top 5 business news events we're watching for on Monday:

1. Dow how high?

In this March 17, 2011, file photo, Joseph Tarangelo (left) checks prices with fellow traders as he works on the floor of the New York Stock Exchange. If global headlines don't detract attention from business news this week, the focus will be on jobs, economic data, and a number of initial public offerings of stock.

Major indices posted huge gains last week – the Dow up 3.0 percent, the S&P 2.7 percent and the Nasdaq 3.7 percent – erasing a big chunk of the sell-off that began with Egypt and bottomed with the crisis in Japan. If global headline risk stays in check (and that's a very big "if"), the business news focus will turn to a slew of economic data on the home front, concluding with Friday's jobs report. Also notable: a big number of IPOs on the menu, including private equity firm Apollo Global Management and vitamin retailer GNC Holdings.

1 of 5
of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.