New Highs Keep Coming as the Economy Reopens and Cryptos Surge: The Market Today

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The S&P 500 hit a new high for the sixth straight session as investors prepare for earnings season and the economy reopens. Leadership continues to shift throughout the market, with buyers more recently active in health care. Economic reports like retail sales and jobless claims showed businesses continuing to reopen from the pandemic. Last week saw the fewest Americans seek unemployment benefits in over a year.

Sarah discusses the trends with David Russell of TradeStation, including an examination of cryptocurrencies after Coinbase’s (COIN) direct listing on Wednesday.

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