S&P 500 Closes In On Elusive All-Time High 1,565, What To Look For Next

If the S&P 500 Hits All-Time Closing High, then what? The Dow Jones Industrial Average came back from a loss of over 120 points today after a gap down in the morning. Trading sentiment changed in the mid part of the session after hitting morning lows. If the S&P 500 does hit a new high,[…]

U.S. Consumer Confidence Down, Housing Prices Up As S&P Closes In On All-Time High Of 1,565

Mixed Economic Data Helps Lift Markets, No Reason For Fed To Pull Punchbowl: The S&P 500 broke out of a tight range today to close higher and neared the all-time high of 1,565 today as sentiment among traders shifted. ┬áThe S&P 500 has been rangebound for the past few sessions and made it harder for[…]