It’s anyone’s guess if the recent rebound in US equities will soon push the S&P 500 Index to a new high. What we do know is that the market has staged a solid bounce so far. For the eight trading days since Christmas Eve’s close, when the S&P’s current drawdown hit bottom, the index is up a solid 8.4%. There’s still a long climb ahead to recover the remaining ground lost since the S&P’s previous peak, set on September 20. To reach that summit the index would have to rally roughly 15% over yesterday’s close (January 7).
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Trump to address nation on Tues night to address border-wall issue: Fox
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Hints of progress in US-China trade talks: Bloomberg
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China’s economic growth has slipped below the key 6% mark, says analyst: CNBC
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