This week, Madison Business Review contributor Bryce Roth provides a recap of what happened in the business world and stock markets. This was an exciting week for markets as the S&P 500 and Dow Jones Industrial Average hit new highs and the Nasdaq Composite turned positive. Big tech led this rally along with positive news about the economy, Bidenâs policies and the pandemic. Source: MarketWatch Stimulus bill motivates mass spending Stimulus from the government has already started paying off in the short term. Tuesday, the International Monetary Fund (IMF) said that the amount of public spending occurring worldwide, especially in the U.S., would be enough to push global growth over 6% this year. The IMFâs initial forecast was 5.5% for the U.S. economy, but now estimates 6.4% â the best itâs been since the late 1970s.Â