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After best stretch since 2020, how much higher can stocks climb?

Por: MarketWatch Business December 05, 2023

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Indeed, some see Monday’s pullback, which saw the S&P 500 close down 0.5% at 4,569.78, as healthy, considering the magnitude of the rally. According to Dow Jones data, the S&P 500 rose 11.6% during the five weeks through Friday. See: “You need some profit-taking, you need some backing and filling. Otherwise, things get out of control,” said Steve Sosnick, chief strategist at Interactive Brokers, during a phone interview with MarketWatch.... + full article



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