Stocks are looking for another positive open after the benchmark S&P 500 climbed 1.80% yesterday. One hour before the open, futures on the Dow are up 34 points to 10,275 while the S&P 500 looks to open 5.10 points higher at 1,098.30. Commodities are mixed, however. WTI Crude oil is up just 33 cents to $77.34 per barrel and Spot Gold is off 13 cents to $1,119.32. Meantime, the dollar is trading slightly higher (just below the 80 mark) and Treasuries are a bit weaker, according to analysts at BMO. Key Events Today: 8:30 ― Housing Starts are expected to start the new decade with sales moving up from a pace of 557k to 580k. In the prior month sales dropped 4.0%, erasing some of the 10.7% advance in November. “Housing starts in the previous month of December took a hit, in part because...(read more)

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