Markets to Rise Further; CNBC

Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS), is of the view that the market will continue its upward journey. He told CNBC, “It feels like the market will keep going. But we do hope to see some better volume. Things have calmed down somewhat and (are) looking better."

He said that the successful Greek bond sale is a good sign for the market. He said that the positive earnings season is also likely to help the market. However, he cautioned about the employment report, due on Thursday.

He said, “The jobs situation still looks sick. The small business report, that came out today shows that they are pessimistic and not hiring and they're the engine for jobs in this country and that's why the economy is stuck in a rut."