trading

trading

Monday 8 January 2018

Market observations.

The streak is intact.  Stocks rallied from a shallow opening dip to leave the S&P 500 at its fifth straight record close to begin the year, while Treasurys finished little changed across the curve.  Crude oil caught a bid despite a stronger dollar, with WTI crude again testing $62/barrel.  Fourth quarter earnings season will soon get underway, with J.P. Morgan Chase & Co. set to report results on Friday. 

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