Friday, 3 February 2017

Stocks mixed but bull market "well underpinned"

Markets were mixed on Thursday.

The S&P 500 rose less than 0.1 percent while the STOXX Europe 600 fell 0.3 percent and the Nikkei 225 fell 1.2 percent.

The rally in stocks may have lost momentum but Bill Miller, founder, chairman and CIO of LMM, thinks that the bull market will continue.

“As long as the economy is growing and earnings are growing, the market is well underpinned,” he told CNBC on Thursday.

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