While the broad, diversified S&P 500 index has established record highs, some analysts expect its gains to continue this year amid a backdrop of an improving economy, federal stimulus, expanding vaccination and businesses reopening.... [+]
Mark Haefele, chief investment officer at UBS Global Wealth Management, wrote in a research report on Monday that the S&P 500 index usually gains another 11.7% over the following 12 months after reaching an all-time high.