Saturday, 20 January 2024

Weekend update - US equity indexes

It was a bullish week for most US equity indexes, with net weekly changes ranging from +2.3% (Nasdaq comp'), +1.2% (SPX), +0.8% (Trans), +0.7% (Dow), to -0.4% (NYSE comp', R2K).

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Four US equity indexes were net higher for the week, with two net lower.

The Nasdaq comp' lead the way up, whilst the NYSE comp' and R2K lagged.

The SPX and Dow broke new historic highs.

Looking ahead

Earnings:

M - BOH, UAL, LOGI, AGNC, AGYS, BRO, ZION

T - VZ, MMM, GE, RTX, JNJ, HAL, LMT, PG, DHI, PCAR, NFLX, ISRG, TXN, STLD, BKR, LRN, CNI

W - T, ASML, ABT, PGR APH, FCX, KMB, ELV, SAP, TXT, TSLA, IBM, NOW, LVS, LRCX, URI, STX, WRM, CCI, PKG

T - AAL, NEE, ALK, LUV, NEP, HUM, VLO, DOW, BX, UNP, INTC, V, AJG, KLAC, COF, TMUS, LEVI, LHX, WDC

F - AXP, BAH, CL, ALV, NSC

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Econ-data/events

M - Leading indicators.

T - -

W - PMI serv', PMI manu', EIA Pet'

T - GDP Q4 (print'1), durable goods orders, retail invent', wholesale invent', Weekly jobs, Intl' trade

F - PCE, Pers' income/spending

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Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.