S&P Market News Update : Epic Research Singapore

The bulls are back in town — and there’s a growing sense that they’re staying awhile.  The S&P 500 SPX +0.19%  logged its 16th record close for 2014 on Wednesday, leaving U.S. market bears verging on their 19th nervous breakdown.

Bulls got another big boost after the close Wednesday from S&P Capital IQ. The research firm’s Investment Policy Committee — which has been upbeat on U.S. stocks — raised its 12-month target for the S&P 500 to 2100 from 1985 — a 9% price increase. 

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