U.S. stocks are drifting higher Monday and recovering some of their sharp losses from last week. The S&P 500 was up 0.3% in early trading after several weaker-than-expected economic reports last week sent it tumbling 1.

Investors are bracing for a busy week of data. I watch the news but I pay more attention to how the market reacts to the news.

Wall Street bounced higher from a dismal week as markets clawed back some of last week’s steep losses spurred by anxiety over President Donald Trump’s policies. Futures for the S&P

Wall Street is hanging near its record on Friday after big companies turned in a mixed set of profit results. The S&P 500 was edging down by 0.1% in early trading, a day after pulling away from its all-time high following a weaker-than-expected profit forecast from Walmart.

Biotech companies can skyrocket in a short period because of excellent clinical or regulatory progress. And if we take the word of Wall Street analysts, some of them will do precisely that in the next year.