What to know this week

What to know this week

The stock market keeps hitting new record highs.

The S&P 500 (^GSPC) and Nasdaq (^IXIC) both ended last week at their highest levels ever. The S&P 500 has now risen for 16 of the last 18 weeks for the first time since 1971, according to research from Deutsche Bank.

This week, Federal Reserve Chair Jerome Powell’s testimony on Capitol Hill and the February jobs report will put the stock market’s roaring rally to the test. Updates on economic activity in the services sector and job openings are…


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