Sears opens its first Home & Life stores and plans to open more as it looks for a fresh start after bankruptcy.Retailread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
Facebook's founder Mark Zuckerberg has held talks with the Winklevoss twins, his old rivals, about the social media giant's developing digital currency, the Financial Times...Bitcoinread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
The markets have been slow to recognize the high-stakes game that's playing out on the world stage.Economyread more
May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
The Trump administration proposed Friday to roll back health-care protections for transgender people by ending an Obama-era policy that prohibited health providers from...Health and Scienceread more
Analyst Michael Olson says he has "a high degree of confidence" that Amazon shares can reach the level without "significant changes to the business."Investingread more
House Judiciary Committee Chairman Jerry Nadler says Mueller told the committee he would make his opening statement before the public.Politicsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
A downgrade from BMO analysts led to an unsavory drop in Chipotle's stock, and some analysts are advising waiting out the weakness.Trading Nationread more
Closely followed strategist Jim Paulsen said Monday that the market will continue to grind higher if we don't get inflation and interest rate pressures.
"We're kind of in a sweet spot here in this cycle where we're able to grow decently," said the chief investment strategist at Leuthold Group. "But we're not so far aggravating inflation or interest rate pressures."
"As long as we can continue to do that — I don't think we'll do it forever. But as long as we can continue, I think the market keeps going higher," he added in an interview on CNBC's "Squawk on the Street. "
Every recovery in post-war history has ended in some semblance of overheat, Paulsen said. "I think eventually we're going to head to that," he said.
U.S. stocks were higher Monday, and the Dow Jones industrial average and S&P 500 hit new highs. Investors were looking to the Federal Reserve's two-day meeting on Tuesday and Wednesday and most market participants expect interest rates will remain unchanged.
Paulsen said from here on out he believes the international markets will outpace the U.S. "Most of those economies are in a younger part of their recovery," he said. "It's going to take longer for them to produce overheat pressures as much as we might have here in the United States."
Paulsen also recommended that investors look at "overheat sectors."
"I'd focus on the sectors that benefit from some sense of moving towards overheat. That'd be materials and energy stocks. The capital good stocks like industrials and technology," he said.