Markets mixed but stock rally may have “years to run”

Markets were mixed on Wednesday.

The S&P 500 rose 0.3 percent and the STOXX Europe 600 rose 0.1 percent. However, the Nikkei 225 slipped 0.1 percent.

“The same old political uncertainties surrounding North Korea haven’t gone away, but for now traders are becoming immune to all the bluster,” said David Madden, market analyst at CMC Markets, in a note.

Indeed, Carol Pepper, chief executive officer at Pepper International, thinks that stocks have plenty of room to rise.

“I think we are mid-way through the game,” said Pepper. “You could say we have 5, 6 years to run.”