Weekly Investment Perspective May 12, 2020
May 12, 2020
U.S. equities posted strong gains last week as investor sentiment was bolstered by efforts to reopen businesses across the country with at least 30 states already having lifted some restrictions or in the process of doing so this month. For the week, the tech-heavy Nasdaq Composite index continued to lead the way with a 6.0% gain, while the S&P 500 and Dow Jones returned 3.6% and 2.7%, respectively.