Turning to the major U.S. stock indices, the S&P 500 was poised for a gain of 2.1% for the week after reaching a new all-time high. The Dow rose 1.9% and the Nasdaq Composite advanced 2.7%
In next week’s economic data, look for reports on homebuilder confidence, consumer prices, housing starts, industrial production and the Fed’s Beige Book.
Market Vectors Junior Gold Miners
Full disclosure: Tom Lydon’s clients own GLD.