S&P 500: Will rally continue? Stocks slightly extended their rally yesterday and the S&P 500 reached new all-time high above the 4,800 level. SP500 Markets Analysis
Stocks slightly extended their rally yesterday and the S&P 500 reached new all-time high above the 4,800 level. But will the uptrend continue?
On Dec. 3 the index fell to the local low of 4,495.12 and it was 5.24% below the previous record high. So it was a pretty mild downward correction or just a consolidation following this year’s advances.
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