Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Markets

Growth ETFs to Gain From US Market Optimism in April

by capitalizefinancial
April 10, 2021
in Markets
0
Growth ETFs to Gain From US Market Optimism in April

Wall Street has seen an impressive start to the second quarter of 2021. The S&P 500 rose 0.4%, seeing its second consecutive record close on Apr 8. Notably, the tech-heavy Nasdaq Composite index also jumped 1% on the same day. The upside can be largely attributed to strength in some major tech players like Apple AAPL, Netflix NFLX and Microsoft MSFT, all of which surged more than 1%. Going on, the Dow Jones Industrial Average also inched up 0.2%.

There are several factors which are instilling optimism in the U.S. market. The first and foremost is the accelerated coronavirus vaccine rollout that has induced hopes of faster U.S. economic reopening of non-essential businesses and return to normalcy. Adding to the optimism, President Joe Biden now aims at distribution of 200 million coronavirus vaccines within his first 100 days since joining office, per a CNBC article.

Moving on, the Fed’s continued dovish stance is also increasing chances of faster U.S. economic growth recovery from the coronavirus pandemic-led slowdown. The central bank has decided to maintain rates near zero until 2023, at least. Moreover, the central bank has raised its economic growth outlook considering the vaccine and stimulus optimism and it also expects higher inflation this year. The Fed has lifted its forecast for GDP growth to 6.5% in 2021 from 4.2% stated in December 2020. It has also raised the economic growth forecast from 3.2% to 3.3% for 2022. Moreover, growth is likely to cool down in 2023 to 2.2%. The Fed has predicted the longer-run growth measure at 2.3%. Importantly, the Fed predicts unemployment to decline to 4.5% from 6.2% at present.

Read more

Previous Post

Leprechaun economics key to understanding US corporate tax proposal

Next Post

The economy is on the cusp of a major boom and economists believe it could last

Next Post
The economy is on the cusp of a major boom and economists believe it could last

The economy is on the cusp of a major boom and economists believe it could last

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Ric Flair sets date, location for his final wrestling match

Ric Flair sets date, location for his final wrestling match

Congress holds historic public UFO hearing, as military struggles to understand ‘mystery’ flying phenomena

Congress holds historic public UFO hearing, as military struggles to understand ‘mystery’ flying phenomena

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved