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12 May
May 12 2020 Market Update
An April Uptick: But What Comes Next?
Markets rose in April, delivering the best month for stocks in three decades. The S&P 500 posted a nearly 13 percent gain for the month, despite a drop on April 30.
That drop was driven by a growing body of information detailing the extent of economic damage caused by the pandemic. In this newsletter, we’ll cover some of the key areas of the economy that have been impacted and provide some context for what investors can expect moving forward.