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Earnings season is almost here, and stocks appear to be in a holding pattern as investors await the first Q4 salvos from major companies.
Lights turned red today for the first time this year amid concerns that rising bond yields could put a brake on the long rally.
Monday trading appeared muted but still ended to the upside, notching records for SPX and Nasdaq. The SPX has risen in every trading day since the year began.
After a jobs report that was better under the surface than at the headline level, the first week of earnings season starts with bank results ahead.
Jobs growth looked a little ho-hum in December, rising just 148,000. But investors digging a little deeper into the data might find some positive signs.
A new market milestone looms as trading begins, with the Dow Jones Industrial Average ($DJI) on the cusp of 25,000. Energy and tech are leading the sector race.
The New Year got off to a strong start Tuesday, and judging from pre-market futures trading it looks like the rally might continue today. Transports and tech led the way.
It’s a new day, a new year and a new beginning for a stock market that logged one record after another in pretty tame trading throughout last year.
Stocks headed higher in the early going as traders wrap up a year that has been marked by a series of record peaks in all three benchmarks. Happy New Year.
As the year fades away, the markets three major benchmarks are on track to post strong year-over-year gains amid a flurry of record highs.
Three major benchmarks floated in and out of positive territory in early trading; reports on consumer confidence and pending home sales might make difference
There might actually be reason to push back from the holiday tables and pay attention this week. While the calendar isn’t heavy, it’s not empty either.
The last trading day before Christmas delivers a data-packed calendar, but potentially less Washington drama after a key spending measure passed Congress Thursday.
A smattering of earnings reports, a batch of GDP data, a Bank of Japan meeting, and continued buzz about taxes all take center stage on the day winter officially begins.
Washington remains front and center, with a final House tax vote expected today and drama mounting about whether Congress can keep the government running.
The Dow has logged 70 market peaks in 2017 while the SPX has tracked 62. But the biggest percentage gainer, so far, has been the Nasdaq, up 30% as of Monday.