Jobs, Coronavirus, and the Budget. Taking all of this together, no recession on the horizon and improving news about the coronavirus suggests corporate profits will continue to grow in spite of moderate growth. Stay bullish!
Tag Archives: U.S. Economic News
The S&P 500 index moved higher and continued its run of exceptionally low volatility, having not had a daily swing of over 1% since the middle of December. The Dow Jones Industrial Average had its 3rd straight week of gains, adding +197 points to close at 20,821, up +0.96%. The tech-heavy Nasdaq Composite added +6 points to close at 5,845, up +0.12%.