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Spy futures stock some analysts caution that stretched
SHOEBACCA
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Some analysts caution that stretched valuations could limit upside unless earnings revisions improve. The S&P 500 notched its first record close above 6,700, and the Dow Jones Industrial Average gained to post its second consecutive record close. Shares of Lithium Americas have skyrocketed 92% year to date, mostly on the recent news that the government was considering a stake in the company. SPY futures stock marks a mild uptick, benefiting from weaker dollar trends. Correlation with global index futures remains elevated, amplifying macro-driven moves.