Winning, Winning, Winning! S&P 500 Sets New All Time High on Wednesday

Wow – that was quick.  The US markets are already back again to all-time highs!

Today the S&P 500 broke another all-time high record.  This was the first all-time high since February before the China coronavirus hit and the US went into voluntary lock downs.

Yahoo News reported today:

Stocks jumped Wednesday, and the S&P 500 briefly rallied above 3,386.15 Wednesday afternoon to eclipse its record closing high from February 19. The blue-chip index has now climbed about 50% from its March low.

Leadership in the S&P 500 flipped back to the technology and health-care sectors, unwinding a rotation into cyclicals that had begun last week. Apple (AAPL) and Microsoft (MSFT) led gains in the Dow, and the Nasdaq outperformed.

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Mariah

I am a political news junkie and avid Trump supporter. A dog mom to two, very active Labrador Retrievers. Happily married, living in the blue state of Colorado. Fighting the good fight with my man, trying to flip this state back to its red roots and get Trump re-elected in 2020!! MAGA/KAG!!

Mariah