GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

We didn’t start the fire. Equities rallied yesterday following a spike in the Chinese stock market caused by a government mandate to buy stocks… hmm. The US rally was led by tech stocks pushing the Nasdaq to a higher high.

In with a bang! Stocks gained ground on Thursday in response to a better-than-expected unemployment report. More hires than fires attracted a bid for stocks but the good news was tempered by a hesitant Administration.

Labor of love. Stocks had a mixed close yesterday as several states rolled back reopenings. Good news on the virus vaccine front combined with good economic data offset frightening virus headlines.

In the books. Stocks rose in the final session of the quarter as fund managers rebalanced their portfolios for an uncertain quarter ahead. Consumers are confident about the future as many states are slowing or rolling back re-openings.

What day is it again? Investors were determined to be optimistic in yesterday’s session, rallying stocks despite a further swell in new virus cases. Investors were unmoved by reports of reopening reversals and rising cases as all sectors closed in the green for the day.

Take it slow. Stocks suffered another drawback on Friday as investors noticed the surge in new daily virus cases. Friday’s pullback capped off a losing week for equities as newly present surges dash hopes for a quick recovery.

A tale of two regulators. Stocks erased early losses to close in the green after bank regulators relaxed restrictions on banks. A continued surge in virus cases had investors nervous in the AM, the FDIC scrapping the Volcker Rule excited them in the PM, and the Fed deflated their excitement after...