QVML - Bearish Inflation Reports Prompt S&P 500 Retreat From Record Highs

2024-02-20 10:45:00 ET

Summary

• After breaking through the 5,000 milestone to set a new record high last week, the S&P 500 retreated from that lofty level.
• The index dropped 0.4% from last week's close to the end of the trading week at 5,005.57.
• Looking forward, we're coming up on a several week long period where the echoes of past volatility in stock prices affect the dividend futures-based model's projections.

After breaking through the 5,000 milestone to set a new record high last week, the S&P 500 (SPX) retreated from that lofty level. The index dropped 0.4% from last week's close to the end of the trading week at 5,005.57 ....

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