Looking Back, Looking Forward – May 16, 2021
U. S. stocks closed lower after rebounding from their week’s lows. Investors sought bargains after stocks sold off sharply on inflation jitters.
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U. S. stocks closed lower after rebounding from their week’s lows. Investors sought bargains after stocks sold off sharply on inflation jitters.
U. S. stocks closed the week at an all-time high on robust first-quarter earnings reports. The jobs report supported the Fed’s position on interest rates.
Mega-cap companies posted quarterly EPS well above analysts’ forecasts. Yet, U. S. stocks struggled and ended the week fractionally below the flatline.
U. S. stocks closed a volatile week fractionally lower as fears of higher capital gains taxes offset upbeat earnings reports and economic data.
U. S. stocks closed at a record high as robust first-quarter earnings, strong economic data, and lower bond yields boosted optimism on enduring growth.
U. S. stocks closed at a record high after the yield on the 10-year Treasury bond stayed flat, despite an uptick in inflation. Growth stocks fared well.
This post features the best ETFs, Select Sector SPDRs, Fidelity funds, and S&P 500 stocks of first quarter, along with what to look forward to in the second quarter.
U. S. stocks lost ground last week after comments from the Federal Reserve caused the yield on the 10-year Treasury bond to rise to a 14-month high.
New $1.9 trillion stimulus, benign inflation, and adequate demand for bonds auctioned by the U. S. Treasury helped U. S. stocks set new highs last week.
U. S. stocks were mixed. The S&P 500 advanced 0.9%, helped by rising prices of value stocks. The NASDAQ Composite index fell 2.1% as growth stocks declined.

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