Wall Street has more upside room




Your Money with Chuck Jaffe show

Summary: Scott Wren, senior equity strategist at Wells Fargo Advisors, said in an interview with Chuck Jaffe, MarketWatch senior columnist, that "the market still has some more upside here." He says it may not be a great deal of upside - but he thinks the market is going to close higher for the year. And he looks for "a nice move next year as well." But Wren says his current concern for the market is a bit longer term, focused on interest rate moves and around hawkish statements by Federal Reserve Chairman Janet Yellen, which he said "the market simply does not believe."