I would expect stocks to take a breather today after reaching new multi-year highs on Thursday with the help of positive labor market and manufacturing readings. On the docket today we have the Industrial Production and Michigan Confidence readings on deck for release a little later, while the inflations numbers came broadly in-line with expectations.
Favorable economic reports may not be enough to power stocks higher today. But this rally has defied predictions thus far, so I wouldn’t be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards