Evening Market Recap - Monday, 29-Apr
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US equities ended higher Monday, just off best levels, in a mostly uneventful day of trading. The market gave up some strength in the later afternoon after the US Treasury released Q2 borrowing estimates that were marginally higher than the January estimate. Another big earnings week is ahead with 175 S&P 500 companies reporting this week.
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US equities were modestly higher this week, with major indices logging their fourth consecutive week of gains. It was a week of renewed momentum for some meme stocks, including GME +27.2%. April core CPI was in line with the headline a bit softer than expected. It was a lighter week for Q1...
Published 05/17/24
Published 05/17/24