Weekly Market Commentary, April 5th, 2021
ROBARE & JONES ON THE MARKETS
The Standard & Poor's 500 index ended the trading week up 1.1% and reached new highs Thursday above the 4,000 mark, kicking off the second quarter of 2021 on a strong note.
By sector, communication services and consumer discretionary had the largest percentage increases this week, up 3.4% and 2.2%, respectively. Some other sectors were in the red, but none below 1% for the week.
Also boosting hopes for an economic rebound, a $2.3 trillion infrastructure plan Wednesday focused on fixing roads and bridges, expanding broadband internet access, and boosting funding for research and development.
Investors are starting Q2 with hopes that increased vaccinations will help the US combat the pandemic and boost the economy. Roughly 16% of the US population has been fully vaccinated so far, with some 29% having received at least one dose.
Let's take a look at the benchmarks from this past week!
How Many Ways Can You Save Money
Slang is used by groups of people to distinguish themselves from other groups. Sometimes, slang terms become so well known, they are adopted for general use. See what you know about money slang by taking this brief quiz.
- In Australia, the smallest coin in value and physical size is known as:
- Shrapnel
- Toonie
- Bob
- Dosh
- Which of the following foods is not a slang term for money?
- Cabbage
- Chips
- Cheddar
- Pickles
- In the 1800s, the name of an American political party included a slang term for money. What was it called?
- Spondilux Party
- Long Green Party
- Greenback Party
- Moolah Party
- If you wanted to say, “one dollar,” which term would you choose?
- Benjamin
- Simoleon
- Yard
- Sawbuck
What's your slang term for money?
