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NEWS & COMMENTARY

S&P ends at all-time highs but traders eye weak volume

May 21, 2015

The S&P 500 closed at a record high on Thursday after disappointing economic data bolstered expectations that an interest rate hike is likely to come only later in the year. Traders warned that below-average volume in recent sessions suggests that not all of Wall Street may be confident in the market's gains. "It doesn't matter if we're at an all-time high if there are just two guys trading a stock back and forth," said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago. "It's something to be aware of."

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