Dr Rck
05-16

It won't go higher until there is a rate cut then it will shoot up and even cross 5800 S&P index. But meanwhile inflation stays and costs are still high for any meaningful revenue growth or profit margin for a lot of companies (most just met the forecast - which was forecasted lower from previous) so why people are on a buying spree is just a matter of priced in the cut, duh!

.DJI Hits New High! Go Higher or Pullback Next?
Broader market hits new highs after the latest CPI report showed inflation easing April. The Dow Jones Industrial Average has surpassed 40,000 points. -------------- After broader market hits new highs, Will it continue to rise or is a pullback imminent?
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