Stocks end higher for 4th-straight day

By Around the Web

(CNBC) Stocks finished in positive territory for the fourth-consecutive session Wednesday, with the S&P 500 touching a fresh high, as investors digested a batch of economic reports.

“We’ll be focused on economic data for a couple of weeks, and then earnings will take over — although companies have been doing a good job of dampening expectations,” said Uri Landesman, president of Platinum Management. “This is going to be a slow nose-bleed market–I expect a sharp short-term correction and something’s going to trigger that…the law of large numbers suggests something going to go wrong at some point.”

Leave a Comment