The S&P 500 is 0.95 points higher to 2001.05.
The index closed above the 2000 level for the first time ever yesterday and has risen in 10 of the past 13 sessions.
Month-end flows are a driver today. We could see some rebalancing or profit taking creep in with the index up 3.6% in August. I’d be cautious and anticipate yen strength if some weakness hits stocks.
