U.S. Markets Struggle, Close in the Red
The markets struggled Friday after hitting records Thursday. All the major U.S. indices closed in the red, with the Russell 2000 slipping into negative territory just as the markets settled for the week.
And the European Central Bank expanded emergency funding to keep Greece's banks running through the weekend, ahead of a summit on Monday. The ECB raised the cap of its emergency liquidity assistance by 1.8 billion euros, according to Greek officials.
There is a ton of economic data you need to keep on your radar next week. We have existing home sales on Monday, and durable goods and new home sales on Tuesday. The final first quarter GDP reading is expected on Wednesday morning. Initial jobless claims are out on Thursday and the University of Michigan consumer sentiment data is out on Friday.