World Week Ahead US retail sales, Europe, Japan GDP

Sun, 12 May 2013

By Margreet Dietz May 13 (BusinessDesk) – The resiliency of Wall Street's record run so far this calendar year has left investors comfortable that there is room to extend the gains. On Friday, the Standard & Poor’s 500 Index closed at a record 1,633.70, while the Dow Jones Industrial Average ended at a record 15,118.49. The Dow rose 1 percent, while the S&P 500 increased 1.2 percent last week. “We still see reasonable equity valuations,” Brian Peery, who helps oversee about US$3.5 billion for Novato, California-based Hennessy Funds, told Bl...

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