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Stock ETFs Start May on the Front Foot


Invesco QQQ Trust (QQQ) is off on the day, as of noon EST.
Earnings are still on investors’ minds, and Berkshire Hathaway stock gained 1% after Warren Buffett’s enterprise said it captured a 20% increase in operating earnings and continued to repurchase significant portions of its own shares. Buffett also revealed that when he steps down, Greg Abel, vice chairman of all non-insurance operations, will take over the reigns. The move helped fuel the 
Investors also championed reopening stocks, driving Disney and Royal Caribbean more than 1% higher apiece. The move helped the 
Despite Friday’s stock decline, the S&P 500 managed to score its third straight month of gains in April, adding over 5% to the index as investors remain sanguine about the economic recovery process. The key benchmark is now up 11% for the year. Meanwhile, the Dow added about 2.7% last month, while the Nasdaq Composite soared 5.4% in April. ....

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