Stocks went nowhere on Monday, eking out tiny gains as the market gets ready for a busy week that is highlighted by Wednesday’s monetary policy announcement from the Fed and Friday’s Q4 GDP report. First, the scoreboard: Dow: 17, 675.7, +3, (+0.02%) S&P 500: 2,056.6, +4.8, (+0.2%) Nasdaq: 4,770.1, +12.2, (+0.3%) And now, the top stories on Monday: 1. Things are getting ugly in Texas. The latest manufacturing report from the Dallas Federal Reserve missed expectations, coming in at -4.4 against expectations for a reading of 3.0. But the big news in this report was the downbeat commentary a …read more
Source: Business Insider
