Stocks jumped again on Friday, January 8, with the S&P 500 climbing 55 bps, to close around 3,825. The never-ending stimulus train continued to pump hope into investors’ dreams that money would be hitting their bank accounts.

FuboTV issued updated guidance Tuesday, sending shares higher. 

It will be another holiday-shortened trading week. There will also be limited amounts of economic data this week, which means there won’t be much news to push the markets around unless something new with the stimulus bill develops.

Stocks finished the day flat on December 23, despite having a good move higher off the opening.

BMO Capital analyst Daniel Salmon downgraded FuboTV to Market Perform from Outperform with a price target of $50, up from $33.