05-12-2023 13:48 via rocketnews.com

Market Extra: After best stretch since 2020, how much higher can stocks climb? Here is what history shows us.

U.S. stocks pulled back on Monday following the best five-week stretch for the S&P 500 since 2020, according to Dow Jones Market Data.The market’s gains have come so fast and so furious, that some on Wall Street are starting to worry that investors might be getting ahead of themselves as they price in aggressive interest-rate cuts by the Federal Reserve for next year. Indeed, some see Monday’s pullback, which saw the S&P 500 SPXclose down 0.5% at 4,569.78, as healthy, conside
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