The S&P’s up more than 21% this year, but the next big market catalyst is slated for Friday.
The stock market ticked up to record highs again Tuesday as investor fervor continued over the Food and Drug Administration’s full approval of Pfizer’s Covid-19 vaccine, allowing investors to turn their attention to the Federal Reserve’s looming economic symposium, which is set for Friday and could reveal how long officials plan to keep up the unprecedented monetary policy efforts that have boosted stocks during the pandemic. The stock market started to recover from its massive Covid-19 crash last year on the day Fed Chair Jerome Powell pledged to use the central bank’s “full range of tools to support the U.
