It was a bullish week for US equity indexes, with net weekly gains, ranging from +4.6% (R2K), +3.7% (Trans), +2.3% (Dow), +1.9% (Nasdaq comp'), to +1.6% (SPX, NYSE comp).
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
NYSE comp'
R2K
Trans
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Summary
All six equity indexes were net higher for the week.
The two leaders - Trans & R2K lead the way up.
The SPX, NYSE comp', R2K, and the Transports printed new historic highs.
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Looking ahead
It will be the formal start of Q4 earnings season, beginning with JPM. Mr Market will also focus on the latest inflation data.
Earnings:
M - $SIFY
T - $JPM $BK $DAL $CNXC $BBCP $PXED
W - $BAC $WFC $C $INFY $UCB $HOMB $FB $RFIL $CODI
T - $GS $MS $BLK $TSM $FHN $IIIN $BSVN $JBHT
F -$RF $STT $PNC $MTB
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Econ-data/events
M -
T - CPI, NFIB optimism, new home sales, US T-budget (2pm)
W -PPI, retail sales, busi' invent, existing home sales, EIA Pet', Fed Beige book (2pm)
T - Weekly jobs, import prices, Empire state manu', Phil' Fed manu'
F - Indust' prod', *OPEX*
*With Monday Jan'19th CLOSED, the preceding Friday will be inclined to be subdued on low vol.
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Have a good weekend... if you deserve it.
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*the next post on this page will likely appear 6pm
EST on Monday.
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