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<div class="at-above-post addthis_tool" data-url="https://www.metro.us/wall-street-week-ahead-42/"></div>NEW YORK (Reuters) – U.S. President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. The S&P 500 scaled 4,000 for the first time on Thursday and closed up 1.18% at 4,019.87, extending the benchmark […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis...

5 Min Read NEW YORK (Reuters) - U.S. President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. A U.S. flag flies outside The Federal Reserve Bank of New York in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid The S&P 500 scaled 4,000 for the first time on Thursday and closed up 1.18% at 4,019.87, extending the benchmark index’s gain to nearly 80% from lows in March 2020. The rally has been driven by unprecedented U.S. stimulus ...

S&P 500 hits 4,000 on tech power, recovery optimism By Devik Jain and Medha Singh Reuters (Reuters) - The S&P 500 breached the 4,000 mark for the first time on Thursday, powered by gains in technology shares and optimism about a pickup in global economic activity. A mammoth vaccination drive and a massive fiscal stimulus are expected to drive a recovery in the labor market, prompting investors to look past latest data that showed a rise in the number of Americans filing new claims for jobless benefits last week. The closely watched monthly jobs report on Friday could show the U.S. economy...

Read more about Wall Street scales all-time high on stimulus bets, vaccine optimism on Business Standard. The Congress on Friday approved a budget plan that would allow a coronavirus relief bill to muscle through in the coming weeks without Republican support

* Indexes up: Dow 0.40%, S&P 0.31%, Nasdaq 0.43% (Adds comment, details; updates prices)