Winning, Winning, Winning! S&P 500 Sets New All Time High on Wednesday

Wow – that was quick.  The US markets are already back again to all-time highs!

Today the S&P 500 broke another all-time high record.  This was the first all-time high since February before the China coronavirus hit and the US went into voluntary lock downs.

Yahoo News reported today:

Stocks jumped Wednesday, and the S&P 500 briefly rallied above 3,386.15 Wednesday afternoon to eclipse its record closing high from February 19. The blue-chip index has now climbed about 50% from its March low.

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Leadership in the S&P 500 flipped back to the technology and health-care sectors, unwinding a rotation into cyclicals that had begun last week. Apple (AAPL) and Microsoft (MSFT) led gains in the Dow, and the Nasdaq outperformed.

The S&P 500 is up about 50% since its March low – Unreal – the Democrat Party is crying tonight.

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