US stocks had a powerful rally going midway through the day but a soft 5-year auction and some earnings angst took away the punch bowl.
On the day:
- S&P 500 +0.1%
- Nasdaq Comp +0.3%
- DJIA -0.3%
- Russell 2000 -0.6%
- Toronto TSX Comp flat
It's still a marginal new closing high in the S&P 500 but the intraday reversal is somewhat ominous. Tomorrow we get the first look at Q4 GDP and initial jobless claims.
Tesla earnings are due shortly after the bell.