CFRA: ".. with the S&P 500 closing back above its 50-day moving average, many wonder if the 22 calendar-day, 5.5% pullback from March 28 through April 19 has run its course. If so, history suggests a 6% gain above the prior high before slipping into another decline of 5% or…

They tell us that earnings estimates tend to drop, but that hasn't happened in '24 so far. S&P 500 earnings still expected to be up an impressive 10.8% in '24. We continue to think that is a tad light, as a stronger economy in H2 should see even better numbers. pic.twitter.com/9UPkzGRjZC

On Friday, the Dow Jones index rose by 450 points or 1.2%, the S&P 500 index gained 1.3% - the most since February - and the Nasdaq index added 315 points or 2%. For the week, the Dow and Nasdaq rose 1.1% and 1.4%, respectively, while the S&P 500 added 0.6%. #ausecon #auspol

US Markets At Open | S&P 500, Nasdaq 100 open flat; these are the other highlights👇 @Nasdaq #Eyepoint #Freshpet pic.twitter.com/FWHupQUCki