Why Stocks Could Push HigherBen Levisohn
Can the Standard & Poor’s 500 go higher? The Aug. 17 selloff, which saw the S&P 500 drop 2%, prompted hand-wringing about an imminent market collapse. And even S&P 500 recovers some of the losses (it’s up 2.5% since and is now back over 1,000 at this writing), investors remain focused on when stocks will finally correct. BusinessWeek’s Ben Steverman supplied five indicators to watch for signs of a market reversal. As my colleague Aaron Pressman wrote on Aug. 6, “Even as the stock market continues to push higher, investors remain doubtful.”
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