The few people left on Wall Street in the coming week will likely debate whether the stock market is on a course to new highs, or just in the final stages of a head fake rally that will end in pain when September rolls around.
A surprise contraction in US manufacturing activity in June has raised the prospects of a worsening slowdown in the US, but one economist says the economy may actually be showing signs of bottoming out.
US stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
James Paulsen the chief investment strategist at WELLS CAPITAL Management says that it was a year where fear basically trumped fundamentals.
Merry Christmas, markets. This might be the Santa rally you were hoping for, but it may be fleeting.
The most significant arrival at this year's Detroit auto show is something of a throwback to the heady days of the late 1990s: optimism that growth is accelerating in an infamously cyclical industry.