The S&P 500 Breaks 4,000

The S&P 500 finally broke 4,000 today. The index has been as high as 4,012.75 today.

We had mixed economic news this morning. The weekly jobless claims report increased to 719,000. Last week’s report was 658,000 which is the post-pandemic low. The big jobs report comes out tomorrow,

The other news was that the ISM Manufacturing Index jumped to 64.7. That’s a huge number. It’s the highest level since December 1983.

Posted by on April 1st, 2021 at 1:50 pm


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