Stocks Hovering Before Hectic Week

Stocks are hovering near multi-year peaks as investors prepare for a week teeming with important news.

S&P 500 futures are little-changed after the index closed Friday at its highest level since December 2007. European indexes are also roughly flat but have been gaining in the last hour.

Asian trading was mixed overnight. Shanghai rallied more than 2 percent after Chinese industrial profits surged in December, but Japan’s Nikkei fell almost 1 percent as the yen rallied.

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