It’s a busy week ahead for the markets. 4th quarter GDP figures, the FED, U.S politics, COVID-19 news, and corporate earnings will be in focus in the week.
U.S. manufacturing activity surprisingly surged to its highest level in more than 13-1/2 years in early January.
Stocks traded mixed Friday, with the S&P 500 and Dow pulling back from record highs as COVID-19 concerns resurged and questions over whether more substantial stimulus would be passed in the near-term arose. The Nasdaq, however, set a fresh closing high.