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This Article is From Aug 03, 2017

U.S. Stocks Don't Seem in a Hurry to Go Higher

U.S. Stocks Don't Seem in a Hurry to Go Higher

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(Bloomberg) -- U.S. equities are taking their time. Wednesday marks the 70th consecutive session without a 1 percent gain for the S&P 500 Index.

That's the longest such stretch since a 79-session run spanning from November 2006 through March 2007.

The last time the benchmark gauge booked a gain in excess of 1 percent was April 24 -- amid a global risk rally sparked by the results of the first round of presidential elections in France.

To contact the reporter on this story: Luke Kawa in New York at lkawa@bloomberg.net.

To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Randall Jensen

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