President-elect Donald Trump's plans to slash taxes could threaten the country's triple-A credit rating over the medium term, the head of EMEA sovereign ratings at the Fitch agency said on Thursday.
The S&P 500 ended the day unchanged on Tuesday as lower oil prices hurt energy stocks, offsetting advances in healthcare and financial sectors, while the Nasdaq ended at another record high.
Gross domestic product expanded about half a percent in the October-December period from the previous three months, when it grew 0.2 percent, according to the Federal Statistics Office. Economists forecast an increase of 0.4 percent, forecasts compiled by Bloomberg show. GDP rose 1.9 percent in 2016, beating a 1.8 percent median estimate.
Next trading day's important events
- 1630 (GMT 3) US retail sales
- USDJPY: 114.14
- EURUSD: 1.0667
- S&P 500: 2,275.32
- NASDAQ : 5,563.65