In spite of COVID-19 and weak economic data, the S & P 500 Index has rallied, and there are signs of improvement as the economy begins to reopen.
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Stocks may have been due for a pullback after gains in late March through April and could potentially have further to fall.
Stocks have had a historic run amid increasingly negative headlines.
As May began, investors continued to try to reconcile the strong rebound in stocks with the devastating economic damage from COVID-19.
Signs of recovery and an economic rebound may be sparking the stock market to look ahead.
Stocks bounced early the week of April 27, but limped to the finish.
Negative oil prices have dominated headlines recently.
Stocks moved lower on the week as volatility in theoil patch dominated headlines.
We’ve responded to COVID-19 with resolve and strength, and government and Federal Reserve responses have been unprecedented.
We’ve responded to COVID-19 with resolve and strength, and government and Federal Reserve responses have been unprecedented.