Week Ahead: Euro, Gold, Oil Higher? Can Equities Keep Climbing?

 | Jan 07, 2018 08:49AM ET

h2 The Week That Was/h2

While the new year is still very young and a lot can happen before it's over, one widely held fear—that sharp profit-taking would hit markets at the outset of 2018—has not taken place...at least not yet. Rather, investors keep driving toward fresh record highs in as-yet-uncharted market territory.

Indeed, all four major US indices registered new records last week, and in most cases—save for the Russell 2000 which continued to be the laggard with just a single record—some indices made three or four new highs.