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Futures tied to the Dow Jones Industrial Average and S&P 500 were flat, while Nasdaq 100 futures dipped 0.12%. The Dow Jones Industrial Average added 216.96 points, or 0.64%. The S&P 500 and Nasdaq Composite gained 0.34% and 0.64%, respectively, during regular trading.Stocks are headed for a winning week, with the Nasdaq and S&P on pace for their best weekly performance since November. The Nasdaq is up 4.09% through Thursday's close. The S&P advanced 2.26%, while the Dow added 1.66%.
Earnings season kicks into full gear Friday with results from big bank stocks JPMorgan Chase, Wells Fargo, Citigroup and Bank of America. Investors will monitor the releases, which are expected to offer more insight into the health of the economy and set the tone for earnings season.
Flat like today
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Stocks close higher, Nasdaq clinches fifth day of gains after CPI report shows cooling inflationStocks closed higher Thursday after December’s CPI report showed inflation cooled for the month, raising hopes the Fed can once again slow interest rate hikes. The Dow and the Nasdaq each gained 0.64%. The S&P 500 rose 0.34%. They will either raise 25 or 50 basis points
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Why Thursday’s U.S. CPI report might kill stock market's hope of inflation melting awayA mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited inflation reading which could well... AVYA $AVYA
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The stock market set-up heading into the crucial CPI report Thursday morningStocks are rallying on a bet that inflation (particularly wage inflation) is moderating and that job growth will slow down but not collapse. Everyone knows it’s down .2%. Leaked
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5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
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