This week a record 3.28 million Americans applied for unemployment benefits. Yesterday, the Dow had it’s best 3-day gain since 1931 and today it finished the week up 12.8%, it’s best weekly advance since 1938. The S&P 500 rose 10.3% – best week since 2008. The Nasdaq rose 9.1% – best week since 2009. U.S. COVID-19 cases topped 100,000. U.S. Influenza A cases topped 128,000 and Influenza B cases topped 113,000. Also, the largest relief package ever, at $2 trillion for coronavirus relief, was signed into law.
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