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Wall St wavers as S&P 500 hovers near all-time closing high

Published by
Reuters

By Stephen Culp NEW YORK (Reuters) – Wall Street moved sideways on Wednesday in languid trading, with very little market-moving news to nudge sentiment in either direction as the S&P 500 kept hovering just below bull market confirmation. Volume was light and the three major U.S. stock indexes oscillated between modest gains and losses, with all three on course for monthly, quarterly, and annual gains. “When you have very few catalysts and minimal trading activity you tend to see continuation of the trends,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, …

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