Markets roared back this week into their normal posture of smashing old All-Time-Highs in order to make new All-Time-Highs. The Russell 2K Small Cap index simply crushed it – up 8% this week and 13% Year to Date. The S&P500 and Nasdaq also finished strong – up 4% and 6% in 2021, respectively. Analysts attribute this surge to President Biden’s $1.9 trillion COVID19 Relief bill which is increasingly likely to pass in Congress.
INDEX | CLOSE (Fri 2/5/21) | %CHG WEEK | %CHG MONTH | %CHG YTD |
S&P 500 | 3887 | 5% | 4% | 3.7% |
NASDAQ | 13,856 | 5.3% | 6.3% | 5.6% |
DOW JONES | 31,148 | 4% | 2.5% | 2% |
RUSSELL 2K | 2233 | 8% | 13% | 13% |