Stocks look to reclaim their all-time highs in the week ahead
Stocks will look to build on their strong recent momentum and reclaim their record highs next week amid a slew of economic data while trade war fears decrease.The S&P 500 is about 1.6% from an intraday record reached on July 26 after notching back-to-back weekly gains. The broad index is up 1.8% this past week after surging 2.8% in the last week of August.Wall Street's move toward all-time highs comes as recent U.S. economic data suggests a recession may not be in the cards, and the Federal Reserve is expected to cut interest rates later this month. Easing fears around the U.S.-China trade war are also lifting investor sentiment. If the data remains solid, Fed rate cut expectations stay high and U.S.-China trade tensions lower, the market could climb back to all-time highs."You cannot ...
