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Fresh records in sight for US stocks as earnings and inflation data loom

BlackRock rose 2.2% in pre-market trading after it reported record net inflows, while JPMorgan shares turned flat after earlier gains

Friday 12 January 2018 at 09:32

Fresh records in sight for US stocks as earnings and inflation data loom

Major US stock indexes looked poised to take out fresh record highs on Friday, after a breakthrough in German politics sent the dollar slumping and boosted appetites for assets perceived as riskier, such as stocks, MarketWatch reports.

Investors are also waiting on major economic data — retail sales and consumer prices — as earnings from big banks like JPMorgan rolled in.