原标题 [标普500创新高 上涨动能减弱]
T heS& P 500indexclosedon T hursdaynight at arecordhighof 1,569,up6pointsor 0.4%. The last tim e it broke intonew terri-toryw as on9O ctober 2007w henit closedat1,565.
T he S& P has beennear its recordhighforseveral w eeks,despite the still sluggishperform -ance of the U Seconom y. T his m eans it finishesthe quarter 10% higher thanits level at the be-ginningof theyear andm orethandoubleitslow point duringthe financial crisis.
T he indexis closelytrackedbyprofessionalinvestors andits four-year recoverysince2009reflects agrow ingbelief that theFederal R e-serve"s continuingsupport for m arkets andtheeconom yw ill overcom em odest U .S . grow thandlingeringeconom ic andpolitical w eakness inEurope.
But som e strategists sayT hursday"s recordcouldbe a harbinger that the stockm arket rallyis runningout of steam .
但一些战略分析师称,上周四的收盘纪录可能是美国股Shi反弹开始失去动力的预兆。(路透社)
“A sthe m arkethasgone higher...upw ardm oveshavegenerallygottensm aller,w hichsuggests that the m ove is gettingoldandthat w eneedapullback,”saidM arkA rbeter,chief technical strategist forStandard &Poor"s inN ew Y ork.
Investors w arnedclients not toget overlyexcited.“G ettingbacktow herew ew ereis anim portant step,”saidH ow ardSilverblatt,seniorindexanalyst at S& P D ow Jones Indices. Buthecautionedinanotetoinvestors:“M arketsare volatile,andif youare a long-term investoryoushouldexpect declines.”
Sofar,annual inflation hasbeen benignenoughthat policym akers have largelyignoredit,but U .S . consum er prices nevertheless areup13% since 2007. Stockindexes onlyrecentlyhavem ovedabovetheir levels of that period,m eaning they rem ain farfrom recordsafteradjustingfor inflation.
T he stockm arket next w eekw ill face testsof the m ilestone it reached,w iththe situationofCyprus"s banks andaroundof U .S . data,in-cludingtheM archjobs report onFriday,facinginvestors.