The Week Ahead in the Stock Market
May 27, 2013
Market Information for this Week.....
The Week Ahead in the Stock Market – May 27, 2013
Many believe that stocks will continue to grind higher in the week ahead, as investors who missed the rally look for opportunities to buy on dips. However, with the major U.S. gauges up about 15% for the year, some investors have speculated the market is on the verge of a long-awaited pullback.
Particularly since the stock market's break in its recent rally this past week left many investors wondering if they're seeing a turning point or just a blip in the upward path.
The three major U.S. stock indexes posted a decline for the past week on Friday, their first weekly loss since mid-April, raising some fresh worries that this year's rally may be weakening.
The week ahead could make it harder to figure out if there will be a market correction or not, considering that the long Memorial Day weekend typically signals the start of the summer.
Markets will be especially hyper-focused on the economy in the week ahead and whether there's any sign it is getting strong enough to encourage the Federal Reserve to start pulling back the security blanket of quantitative easing.
The Past Week in the Stock Market – May 27, 2013
The bull market hit a speed bump this past week with the S&P 500 declining for a third day on Friday -- with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the economy.