Market Leaders Seen Taking S 500 To 2,000
U.S. stocks have been on a roll of late, with the S&P 500 hitting the latest in a series of records on Thursday, and investors expect the index’s momentum to soon carry it to – if not far past – the 2,000 milestone. The S&P is about 10 points, or 0.4 percent, from that landmark, which analysts expected would be reached toward the end of the year, according to the most recent Reuters poll. Reaching it ahead of schedule is the latest affirmation that stocks are widely preferred to bonds, even with further upside seen as limited as the Federal Reserve remains on track to end its bond-buying stimulus program in October.
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