S&P 500 and DJIA Close On Friday at Fresh All-Time Highs

Key Points

- S&P 500 closed at an all-time high of 4,468.00, up from 4,436.52 last week.

-The week started with cyclical and Epicenter sectors rallying, and the end of the week was marked by low volatility, but more defensive sectors and Technology lead gains.

- Earlier this week, we upgraded the Financial sector as we see the healthcare situation and thus outlook for growth and rates as likely to improve.

- An incredible 50% of wealth gains in US households from 1Q2020 to 1Q202...

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