Page 7 - Wayne Duggan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The past week s bullish calls included the iPhone maker, Google s parent and an automotive leader. Financial and energy giants and COVID-19 vaccine makers were among the bearish calls seen during the week. The markets kept hitting new all-time highs in the first full week of the second quarter, and the big three U.S. indexes ended the week higher, led by the Nasdaq s gain of about 3%. March jobs data and vaccination progress helped boost the market, the reopening trades and even the beleaguered FAANG stocks. As people argued over the meaning of infrastructure, the 10-year Treasury remained steady. JPMorgan CEO Jamie Dimon had some upbeat comments on economic recovery, but the Federal Reserve offered nothing new. While trading volume was muted, the sentiment seemed to be cautiously bullish ahead of next week s kickoff of the new earnings reporting season.

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