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Stocks climbed higher in April on the heels of strong first-quarter corporate earnings reports and encouraging employment data.
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February began on a high note as investors drew encouragement from strong fourth-quarter earnings reports and encouraging employment data.
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Stocks were able to weather the storm of events that occurred throughout January, despite investors having numerous reasons to move away from equities.
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Despite a downturn on the last day of the month, stocks rebounded impressively in November from a moribund performance in October. Several of the benchmark indexes reached record highs during November as investors shifted slightly from tech stocks to shares influenced by economic cycles.
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Stocks fell for the second consecutive month in October as rising COVID-19 cases and related deaths shunted signs of an economic rebound. The month began on an upswing with both the Nasdaq and S&P 500 posting their best weekly gains since July, and the Dow finally pushed ahead of its 2019 year-end value.
