Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Monday, January 7. Major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes advanced today as investors expressed relief over renewed trade negotiations. The Dow Jones Industrial Average, S&P 500 and NASDAQ gained 0.4%, 0.7% and 1.3%, respectively. Meanwhile, the Institute for Supply Management released U.S. service sector growth for December: The index fell short of consensus and declined 5% since November but continues to indicate “an economy that’s in expansion, not contraction, mode.” Tomorrow, we’ll see reports on small business confidence, consumer credit and job openings.
