S&P 500 down 2 points

The chart of the S&P 500 makes sense. It's touched a new all-time high but isn't pushing further. The reason that investors aren't rushing in is because the G20 is looming and it could go either way. Trump might restart talks with China or it could end in a mess.

The message here is to wait-and-see. In the meantime, the index is shopping on either side of 2950 without much enthusiasm.

S&P 500 down 2 points