From the wsj’s “Stock Futures Point to Fresh Records for Major Indexes” posted early Tuesday:
U.S. stock futures rose Tuesday, suggesting that the major indexes may notch fresh records after the market opens…
Investors’ sentiment has been buoyed in recent weeks by the development of Covid-19 vaccines, which could curtail infection levels and let social and business activity return to pre-pandemic levels.
“The mood of the market is rather optimistic,” said Eric Barthalon, global head of capital markets research at Allianz. “For the time being, markets have bought the news that vaccines are going to be rolled out earlier than expected.”
My take: Apple’s on a roll.