Who Needs Buybacks? One S&P 500 Variant Just Rallied to a Record

  • The S&P 500 total return index reaches all-time high
  • Breadth is improving and equities' link to oil is loosening

Stock Market Has Gone 'Too Far Too Fast:' Dwyer

The rallying U.S. stock market just pushed one version of the Standard & Poor’s 500 Index to an all-time high and has sent another within 2 points of its highest since July -- all during earnings season, when the biggest buyer supposedly goes missing.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.