Notice: To view this week's big picture outlook, click here. What Happened: After the Senate's passage of a $1.9 trillion COVID-19 relief package, overnight, bond yields rose and U.S. stock index futures fell. What Does It Mean: U.S. stock index futures ended last week mixed after non-farm payrolls grew by 379,000, versus a consensus of ~180,000, improvement in sales and manufacturing data, as well as news that COVID-19 coronavirus vaccinations were accelerating.
Market Commentary For 3/8/2021
Market Commentary For 3/8/2021
Market Commentary For 3/8/2021
Notice: To view this week's big picture outlook, click here. What Happened: After the Senate's passage of a $1.9 trillion COVID-19 relief package, overnight, bond yields rose and U.S. stock index futures fell. What Does It Mean: U.S. stock index futures ended last week mixed after non-farm payrolls grew by 379,000, versus a consensus of ~180,000, improvement in sales and manufacturing data, as well as news that COVID-19 coronavirus vaccinations were accelerating.