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Dow soars 1,600 points as growth rate of new coronavirus cases appears to slow
By Fred Omar Imbert & Sílvia Amaro
S&P 500 jumps more than 1%, capping off its best week since 1974
By Fred Omar Imbert & Pippa Stevens
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
As of the first quarter this year, ratio of S&P 500’s market cap to nominal GDP spiked to highest since end of 2021 pic.twitter.com/ieovbg0NgG
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Liz Ann Sonders
LizAnnSonders
U.S. Earnings Revisions Index from @Citi has eased a bit but is still in positive territory for now pic.twitter.com/ey6hiQqGDd
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Ryan Detrick, CMT
RyanDetrick
S&P 500 earnings in '24 are expected to be up 10.3% and another 13.9% next year.
Yes, forward estimates can change, but they can also change to the upside.
We continue to think this is too low, as the recovery will continue to broaden out. pic.twitter.com/6Qo9SAI70u
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Ryan Detrick, CMT
RyanDetrick
Since 2000, the second half of April tends to be much better than the first half for the S&P 500.
A few more days next week, but stocks are trying to rhyme here. pic.twitter.com/OKolkrCsPy
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