A Snapshot of the Market for the Week Ended April 16, 2021:
The stock market had a very impressive week. Everything rallied from earnings reports, economic prints and movements in interest rates. Investors loved it. The S&P 500 broadly added 56 points, or 1.4% to end at a record 4185, registering its 4th straight positive week. The BofA’s money flow showed that another $25.6 billion poured into equity funds last week, bringing the year-to-date total to a record setting amount of $413 billion.
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By Hubert Marleau
By Hubert Marleau