World Week Ahead: Bullishness abounds

Sun, 07 Jan 2018

By Margreet Dietz Jan 8 (BusinessDesk) - Following a strong start to the new year for stocks on both sides of the Atlantic, investors will eye a slew of speeches by Federal Reserve officials as well as reports on US inflation and retail sales. Bullishness abounds for Wall Street, at record highs, as well as European equities. On Friday, the Dow Jones Industrial Average gained 0.9 percent, the Standard & Poor’s 500 Index rose 0.7 percent, while the Nasdaq Composite Index increased 0.8 percent. The three benchmarks each closed at recor...

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