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3 things to watch in the stock market as Street aims to extend winning streak



Foot Locker, athletic shoe store with shopper.

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Wall Street pushed higher this holiday shortened trading week, as the Dow, S&P 500 and Nasdaq each finished up about 1%. It was the fourth straight week of gains for the major averages.

The moves come on continued hope that inflation is coming down and the Federal Reserve is finished raising interest rates. Treasury yields hit multimonth lows during the week, with the federal funds rate staying below 4.5%, despite a slight move higher on Friday. (Treasury yields tend to move inversely to stock prices; as yields fall investors seeking better returns move money back into the stock market).

Source: CNBC


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