Stock futures drifted in late trading after rallying during the regular session. The S&P 500 closed higher for a fourth straight session and came within striking distance of its recent record close.
Perhaps there is more behind the impressive run in gold prices than simply fears of a lingering U.S. recession.
The stock market continues to rise as earnings season continues apace. Some strategists are starting to worry that the recovery in earnings growth is unassignable.