Lawrence G. McMillan

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Sept. 19, 2019, 10:57 a.m. EDT

2 reasons to remain bullish on the stock market

Expect the S&P 500’s all-time high to soon be eclipsed

By Lawrence G. McMillan, MarketWatch


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Stock-market investors were worried about what the Federal Reserve might do this week, but in the end, the Fed lowered its target rate by 0.25 percentage point and that should not be a problem for stocks.

The S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.07% is making slow progress toward its all-time highs at 3025, but it is making progress. We expect those highs to be taken out soon.

/zigman2/quotes/210599714/realtime
US : S&P US
2,968.25
-2.02 -0.07%
Volume: 386.61M
Oct. 14, 2019 11:29a
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