Stocks climbed higher in April on the heels of strong first-quarter corporate earnings reports and encouraging employment data.
February began on a high note as investors drew encouragement from strong fourth-quarter earnings reports and encouraging employment data.
Stocks were able to weather the storm of events that occurred throughout January, despite investors having numerous reasons to move away from equities.
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.
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.