Wall St The week ahead
US stocks could struggle to stay close to nearly five-year highs this week as worries mount about third-quarter earnings and the market appears primed for a pullback from recent stimulus-driven gains.
A bevy of economic reports, including durable goods orders, will grab attention, particularly after the Federal Reserve unveiled its plan on 13 September for a third round of aggressive stimulus to help revive the flagging US economy.
The action ignited a rally but analysts worry the US economy is in worse shape than many had feared.
The Dow Jones and the Standard & Poor’s 500 index remain close to highs not seen since December 2007.