Like Superman, the
appears unstoppable. Nothing—not the Federal Reserve, not the Delta variant, not even old-fashioned fear and greed—has been able to slow its rise. Of course, it just hasn’t found its Kryptonite yet.
It’s not just that the stock market had a good week: The
Dow Jones Industrial Average
advanced 352.51 points, or 1%, to 34,786.35, while the
rose 1.9%, to 14639.33, and the S&P 500 gained 1.7%, to 4352.34. All three ended the week at record highs.
For the S&P 500, Friday’s