Stocks trended up again during a short Christmas Eve trading session, and the main U.S. equity indexes extended their collective winning streak to five on Wednesday. Both the S&P 500 and the Dow Jones Industrial Average notched new all-time closing highs.
Not a company is stirring on this week's earnings calendar. Meanwhile, if anything, the economic calendar is giving more reason for our central bankers to pause on cutting interest rates after the conclusion of the next Fed meeting.
