The DJIA surpassed 25,000 last Thursday, extending the bull market that began in 2009.
This is the first full week of 2018 and observers expect higher trading volume due to the holidays.
Next Monday is another trading holiday as the markets are closed for the observance of Martin Luther King Jr. Day, which could also add to volume. Global equity markets continued their strong start to the year on Sunday night.
Quarterly earnings continue to be slow and almost nonexistent
Economic reports are fairly heavy this week, with a couple of bigger releases – including PPI and Consumer Confidence – worth noting listed below.
- Jan 9: JOLTS
- Jan 10: Import and Export Prices
- Jan 11: Jobless Claims
- Jan 11: PPI
- Jan 11: Treasury Budget
- Jan 12: Consumer Price Index
- Jan 12: Retail Sales