Do the bulls have More room to run?
That's the question facing Wall Street on Wednesday, a day after [Dear Guest/Member you can't see link before click here to register] at a record high and the Nasdaq finished at its highest level in More than 12 years.
Both indexes clocked their sixth straight monthly gain in April -- the best streak since the bull market began in March 2009.
While [Dear Guest/Member you can't see link before click here to register] held onto slight gains ahead of the opening bell, there's no signal that it will be a booming Wednesday in the markets.
Investors are waiting for the Federal Reserve's policy-making committee to wrap up its two-day meeting for a signal as to how long it will continue its aggressive monetary policies. The market is widely expecting that it will continue to buy bonds to support the U.S. economy.
[Dear Guest/Member you can't see link before click here to register]
Investors will also look Wednesday to a handful of economic reports that come ahead of the government's monthly jobs data due Friday.
Payroll processor ADP published its monthly data on private-sector jobs, showing that only 119,000 jobs were added in April, which was below forecasts.
Also, the Federal Reserve will release data on construction spending at 10 a.m. ET.