Here’s what could wake up stocks this week
SAN FRANCISCO (MarketWatch) — Will the next catalyst for the stock market please step forward?
After U.S. stocks’ best January in 15 months, stocks spent the first full week of February in a tight zigzag around five-year highs. Investors sat on the sidelines, they treaded water, they lacked conviction — in other words, they used up a lot of Wall Street’s favorite clichés for not doing much at all.
Volume was low, capped by the lowest volume day of the year Friday as many on Wall Street headed out early ahead of a commute-clogging winter storm. The S&P 500 (SNC:SPX) and the Nasdaq Composite (NASDAQ:COMP) ended the week higher for the sixth week in a row, though they gained less than 1% each. The week ahead doesn’t promise much in the way of catalysts. But there are a few factors that could shake things up. http://www.marketwatch.com/story/heres-what-c...2013-02-10