S&P 500 is about to reach a new record high, but will it continue advancing?
Despite some uncertainty following higher-than-expected Producer Price Index release yesterday, stock prices were gaining, with the S&P 500 index closing 0.48% higher. It went even closer to the February 28 record high of 5,264.85 as the daily high was at 5,250.37. The market has retraced almost all of its 311 points or 5.9% correction from the record high to ...