One Steel Stock to Watch

Stocks are set to close a big week on a bullish note

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Opening View
OPENING VIEW
 
 

1/17/2020

How to Retire Starting With $20


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Stock Futures Point to Another Day of Gains

By Josh Selway
Share On

The Dow Jones Industrial Average (DJI) is setting its sights on a fifth straight win and another record high, as stock futures point to another up day to close out a big week on Wall Street. Stocks recently have been fueled by the signing of the "phase one" trade deal and positive economic data, including this morning's strong update on housing starts in December, while a number of earnings releases are also in focus. As such, the gains are spreading to the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX), which, like the Dow, are easily pacing for solid weekly wins.

Continue reading for more on today's market, including: 
>> Continue reading...
LATEST HEADLINES
>> Dow Wins Fourth Straight as VIX Sinks
Jobs and retail data lifted Wall Street today
>> Don't Sweat the SPX's 200-Day Gap
The gap between the SPX and its 200-day moving average is unusually wide
>> Options Pop on Downgraded Tesla Stock
Morgan Stanley downgraded the electric automaker to "underweight" from "equal-weight"
>> Call Buyers Hot on Steel Stock as Signal Flashes
Traders at the major exchanges have picked up long calls at a rapid pace
>> Netflix, Blue-Chip Earnings Headline Shortened Week
Earnings season will be picking back up this week with several blue chips
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