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Market Ends Week on Upswing After Dovish FOMC, Soft Job Numbers

FS Insight Team

“You must understand that there is more than one path to the top of the mountain.” ~Miyamoto Musashi

Good evening,

For stocks, April was the worst month of the year so far, ending 4% down from its levels on April 1. It was the first down month for all three major indices since October 2023, and also one of the worst Aprils in the past 40 years. (Only April 2012 was worse for equities.) 

The second half of the month has seen equities enter what Fundstrat Head of Research Tom Lee describes a...

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