Oil is slightly up, the dollar is slightly down, and the health care reform bill has passed a major hurdle. So everything is rosy right?
Most investors holiday vacationing and drinking Prosecco on their private island. With less trading, the market tends to be more volatile. Its going to be a short week with Christmas on Friday. The investors that remain are keen on maintaining the markets present level.
A good scenario for this week would be sideways market movement, nothing lost, nothing gained.
CNN: Stocks set to rise at open
No economic reports are scheduled for release Monday.Reuters: Stock futures rise with commods, dollar weakens
The healthcare sector is in focus after a broad healthcare bill passed a crucial test in the U.S. Senate early Monday, as enough votes were put together to clear a key procedural hurdle in approving President Barack Obama's top legislative priority.
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