Elusive S&P record looms as investors weigh data, Fed

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Elusive S&P record looms as investors weigh data, Fed

[Reuters] - With the S&P 500 again coming close to a record this week before falling back, investors will turn next week to a full slate of economic data and a Federal Reserve meeting in hope of fresh reasons whether to drive stocks to new highs. "Equities are having a difficult time finding a rationale to punch through to a new high," said Peter Kenny, senior market strategist at Global Markets Advisory Group in Berkeley Heights, New Jersey. Next week brings the release of important U.S. economic data, including retail sales and inflation.

Elusive S&P record looms as investors weigh data, Fed - Yahoo Finance
 
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