It was a mixed week for US equity indexes, with net weekly changes ranging from +3.1% (Nasdaq comp'), +1.8% (SPX), +0.3% (Dow), +0.25% (NYSE comp'), -0.01% (R2K), -0.25% (Trans).
Lets take our regular look at six of the main US indexes (weekly candle charts).
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Four US equity indexes were net higher, with two net lower.
The Nasdaq comp' was powerfully higher, whilst the Transports was marginally lower.
The Dow broke a new historic high.
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Looking ahead
It will be a short four day trading week with Monday CLOSED for Martin Luther King, Jr.
Earnings:
M - *CLOSED*
T - GS, MS, PNC, FBK, IBKR, PRGS, HWC, FULT, PNFP
W - SCHW, PLD, USB, CFG, AA, DFS, WTFC, KMI, SNV, FUL
T - TSM, TCBI, FAST, TFC, FHN, KEY, PPG, JBHT, OZK, FNB
F - SLB, FITB, HBAN, ALLY, TRV, RF, STT, CMA
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Econ-data/events
M - *CLOSED*
T - Empire state manu'
W - Import prices, retail sales, indust' prod', busi' invent', Fed Beige Book (2pm)
T - Weekly jobs, Phil' Fed, housing starts, building permits, EIA Pet'
F - consumer sent', existing home sales *OPEX*
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Enjoy the long weekend
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*the next post on this page will likely appear 4.20pm EST on Tuesday January 16th.
