The S & P 500 broke past 5,000 for the first time ever this week, but investors will see if the momentum can stick in the week ahead with more inflation data and earnings results on deck.
On Friday, both the S & P 500 and the Nasdaq Composite were headed for their fifth straight week of gains, and their 14th winning week in 15.
FactSet data shows S & P 500 earnings are tracking to have risen 2.8% in the fourth quarter, which would be a second straight quarter of earnings growth, and some expect that positive momentum will remain intact in the weeks ahead.
A cooler-than-expected print has the potential to be greeted with enthusiasm, sending the S & P 500 even higher.
The S & P 500 is up by 5% this year, with Nvidia higher by more than 40%.
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