10 bps!

This morning is about as quiet as it gets in terms of domestic news for equity markets.

This morning is about as quiet as it gets in terms of domestic news for equity markets. One thing to note — while the cap-weighted S&P 500 remains about 1.2% below its all-time closing high of 2,930.75 (reached on 9/20/18), the S&P 500 Total Return index (which includes dividends) is now just 10 basis points away from a new all-time high. The US equity market has effectively re-gained all of its Q4 losses at this point; now it just needs to clear one final resistance hurdle.

 

 

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