A stormy month in equity markets fades away with a long-expected relief rally. Market sentiment roared higher this past week. All three major indexes snapped weekly losing streaks.

A stormy month in equity markets fades away with a long-expected relief rally. Market sentiment roared higher this past week. All three major indexes snapped weekly losing streaks.
For the first time in over two years, this week, the global business elite is set to assemble at the World Economic Forum in Davos, Switzerland, amid turbulent markets and an uncertain economic outlook.
Retail sales data and Fed Chairman Powell’s speech are highlights of the economic calendar this week.
More volatility could be in store this week if Wednesday’s inflation data is hotter than expected.
US PMI data and job reports will be released this week, including hourly earnings growth and the unemployment rate.