Nine in 10 global money managers consider U.S. stocks as overvalued, according to Bank of America's latest survey. The survey of 205 panelists, with $482B in assets under management, showed that 89% of respondents see U.S. stocks ( SPY ) ( QQQ ) ( DIA) as overpriced, the most since at least April 2001.

The S&P 500 flirts with a record as U.S. stock-market investors return from a three-day weekend, awaiting minutes from the Federal Reserve's January meeting and data due later this week.