S&P 500 record to test market momentum
After flirting all month, index sets new closing high of 1,569.19
SAN FRANCISCO (MarketWatch) — After a month of teasing investors, the S&P 500 closed at a new record high on Thursday. Time to take the money and run?
Maybe not, but keep in mind some technical strategists say they expect a pullback of 2% to 3% before the index of large-cap U.S. stocks pushes to higher highs by year-end. http://www.marketwatch.com/story/sp-500-recor...=afterbell