Wall Street rally wins more fans as economy hints at recovery

Record upside surprises in U.S. economic data are bolstering the case for a “V” shaped recovery from the COVID-19 recession and boosting investor confidence in a stock rally that has already delivered hefty gains in recent months. Citigroup’s Economic Surprise Index .CESIUSD, which tracks economic data relative to economists’ expectations, hit a record high this […]

Continue Reading