S&P 500 had best week since early Nov 2023, +2.7% after 3 weeks of losses, as corporate earnings generally surprised to upside; Dividend Aristocrats was only S&P 500-related strategy to close week in red, -0.1%, while Tech took home trophy, +5.1%
@SPDJIndices pic.twitter.com/rZBdI2x2Fp
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Mohamed A. El-Erian
elerianm
An interesting week ahead for the global #economy and #markets, including (but not limited to)…
The release of the US monthly #jobs report, Eurozone inflation and GDP, and China’s #PMI’s; and
A 2-day policy meeting at the #FederalReserve.
By the end of the week, we should…
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Mohamed A. El-Erian
elerianm
This week’s #markets were supposed to be mainly about earnings, with macro taking more of a back seat ahead of next week’s US #jobs data, the #FederalReserve meeting, #China’s PMI, etc (more on this in the weekly look ahead that I will post later).
Earnings did have a notable… pic.twitter.com/8lYAakVct5
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Ryan Detrick, CMT
RyanDetrick
366 stocks in the S&P 500 higher today.
Nearly 70% of NYSE higher today.
Small caps outperformed again.
That second half of April strength is playing out once again. pic.twitter.com/S8Dfm0JErh