Investors in the US stock market have to be feeling pretty good as they take a break for the July 4 holiday: The S&P 500 finished the shortened week at yet another record, bolstered by a jobs report that shows an economy that’s slowing but still solid.
Now comes Bank of America’s Michael Hartnett to spoil the party. The rally has brought the stock market to within striking distance of a sell signal, the investment strategist says in a report.
www.bloomberg.com
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