The broader index has been treading water over the past few weeks, troubling technicians who worry the recent momentum is starting to falter.
Equity bears are growling, and bulls are sharpening their horns.
Even as stocks are pricey, a strategist at the firm said the U.S.'s premium to the rest of the world is 'likely justified.'
Wednesday marked a losing session on Wall Street, with the S&P 500 snapping its three-day win streak, as did the Nasdaq Composite.
If the U.S.-China talks go well, there's a chance the S&P 500, only around 2% off its February high, could reach a new peak, according to JPMorgan.
If the U.S.-China talks go well, there's a chance the S&P 500, only around 2% off its February high, could reach a new peak, according to JPMorgan.
The S&P 500 is within striking distance of its February highs, with inflation data and potential progress in U.S.-China trade talks just ahead.
Citigroup raised its year-end target for the broad measure of the entire U.S. stock market, the S&P 500 index.
Mike Santoli handicaps the state of the market after one of the swiftest comebacks in history.
Investors were left disappointed after the S&P Dow Jones Indices said Friday the S&P 500 would remain unchanged.