Stock Market Today: January 18, 2019
Harvey S. Katz, CFA | 01/18/2019
After the U.S. stock market posted the proverbial hat trick yesterday by advancing for three sessions in a row, we see that stocks posted gains in Asia overnight. In Europe, where the British Prime Minister had earlier survived a no confidence vote, the bourses are climbing so far today. Also, oil prices are up and Treasury yields, up nicely yesterday, are rising further so far this morning. Finally, as some critical earnings releases are made and optimism grows on a trade deal with China, U.S. equity futures now are suggesting a higher opening when trading resumes this morning.