Analysts Boosting S&P 500 Target 11% Cut Profit Growth Near Zero

Analysts Boosting S&P 500 Target 11% Cut Profit Growth Near Zero

Scott Eells/Bloomberg

Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Stocks advanced last week, with the S&P 500 climbing 1.6 percent to 1,631.89 after U.S. employers added 195,000 jobs in June and manufacturing rose more than forecast.