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Strength of the Market
a weekly blog on what's happening in Financial Markets

The Strength of the Market is: Strong

Stocks - with the exception of technology - have continued on their record-breaking pace. Now that over 34% of the US population has been fully vaccinated, investors have shifted some of their interested back to 'reopening' stocks like energy & utilities, transportation and banks. Although, to start off the week, almost everything seemed to be down today.

Economic reports from last week came back mixed:

•Construction Spending - worse than expectation •Vehicle Sales - better than expectation •Employment - worse with expectation

•Jobless Claims - better than expectation •Consumer Credit - better than expectation

This week, investors will look for guidance from economic reports like Small Business Optimism, Job Openings, Jobless Claims and Consumer Sentiment.

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