Despite uneven activity overseas, U.S. stocks were higher at midday following several earnings reports as well as some acquisition announcements and updates.
investors are awaiting the next interest-rate announcement from the Federal Reserve as well as fourth-quarter gross domestic product data, both scheduled for release later this week.
(No major economic data was scheduled for today, the ER data is good for MCD, HCL.
As we said before, Q4 data will support market, however I am really supprised by this strong market support.
ER run almost there, if SP500 arround 1280, it is fine. sp 1300 is kind of risk. if you sold around 1300, it's fine also, since there is high chance you can load them back with lower price. not matter interest-rate goes higher or stay same.)
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