US stocks set to pull back from record highs as COVID and economic worries come to the fore

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After a solid week that saw US stocks touch record highs, investors took pause on Friday as concerns about COVID and growth returned.

Asia stocks moved broadly lower overnight, under pressure from fresh concerns about coronavirus. European stocks opened down after the European Central Bank held policy unchanged on Thursday.

"The rally in global stocks is taking a breather before the weekend, having posted a new record high on Thursday," said Han Tan, market analyst at trading platform FXTM.Goldman Sachs reveals the 8 'green-energy majors' that are set to jump in value in a sector worth trillions of dollars as the renewables race heats up

"Perhaps investors are taking a moment to consolidate their thoughts, as there'll be plenty to take in over the coming days that may dictate whether global stocks can end the month with a flourish." Next week's calendar features earnings from big tech companies, fourth-quarter economic figures from the US, and the Federal Reserve's next interest rate decision.

 

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Wall Street is like an erection. Rising, falling, and pulling back SMH

95% only bad news(

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