The week on Wall Street was marked by President Trump’s Greenland reversal, positive economic data, the World Economic Forum, and ongoing Q4 earnings reports. Small-cap stocks are leading the major indexes, with the S&P 500 and Nasdaq slightly down. A massive winter storm is expected to impact 200 million Americans, causing travel disruptions and power outages.

Natural gas prices are soaring due to freezing temperatures, with prices around $4.90 per MMbtu, up 58% in a week. Frigid conditions make gas scarce, affecting supply. Oilfield services provider SLB beat Q4 earnings estimates, with earnings of 78 cents per share and $9.75 billion in revenues. SLB shares are up +28.5% year-to-date.

Expect a stormy weekend with a winter storm affecting travel and power. Economic data next week includes the Fed meeting, PPI numbers, and earnings reports from tech giants like Apple, Microsoft, and Amazon. Quantum computing is the next big tech revolution, with companies like Microsoft and Tesla investing in this advanced technology for future growth.

Read more at Nasdaq: Pre-Markets Lower Ahead of Massive Polar Vortex