THURSDAY – U.S. stocks traded in a range Thursday, after a better-than-expected durable goods report, as oil held mostly lower.
The Nasdaq composite gave up opening gains as declines in Apple and other major tech stocks weighed.
The S&P 500 struggled to hold initial gains as energy weighed on the index, while telecommunications and utilities led advancers.
WTI traded more than 1 percent lower near $31.70 a barrel in morning trade ET.
Coming Up This Week:
Earnings: AB InBev, Bayer, Apache, Best Buy, Campbell Soup, Domino’s Pizza, Kohl’s, Chico’s FAS, Sears Holdings, SeaWorld, Baidu, Autodesk, Gap, Intuit, Kraft Heinz, Herbalife, Live Nation Ent., Noodles & Co., Weight Watchers
10:30 a.m.: Natural gas inventories
11 a.m.: Kansas City Fed Manufacturing Index
12 p.m. San Francisco Fed President John Williams
1 p.m. $28 billion seven-year notes
G-20 finance ministers meet in Shanghai
G-20 meets in Shanghai
Earnings: J.C. Penney, Foot Locker, Sotheby’s, Sempra Energy, AmericanTower, Centerpoint, Liberty Media, Telefonica, Rowan Cos
8:30 a.m. Real GDP Q4 (second reading); international trade
8:30 a.m.: Personal income, consumer spending
10 a.m. Consumer sentiment