Nor are they necessarily accurate market-timing signals or warning signs - witnessed by the fact that since last August, the S&P 500 has barreled through 1700, 1800, 1900 and now is bearing down on 2000. In short, fresh milestones often signal a ...
The S&P 500 returned to its record-setting ways Thursday, notching its 28th record close of the year, building on a powerful bull run that began more than five years ago and prompting investors to wonder: Can the good times last?
To put those valuations in perspective, the S&P 500 SPX, -0.20% trades for 15 times aggregate consensus 2015 EPS estimates, while the S&P MidCap 400 MID, -0.08% trades for 16.3 times and the S&P SmallCap 600 SML, -0.07% goes for 16.5.
U.S. stocks had their best week in four months, with the Standard & Poor's 500 Index reaching an all-time high, on bets the Federal Reserve will support the economy even as it shows signs of gaining strength.