PRESS ROOM
US equities weighing positive macro backdrop with Covid concerns
Friday 23rd April '21
Sentiment in US equities has largely been positive in April, with both S&P500 Index and NASDAQ Composite Index making gains. The pullback in US Treasury yields has eased some of the pressure from equities faced in the first quarter of the year. Improving economic data and talk of further stimulus still from policymakers is helping lift risk assets. Rising Covid cases in many parts of the world remain a concern. As of 21 April, information technology is in the lead among S&P 500 Index sectors this month.