US Stocks traded higher last week and are at record highs on the back of better-than-expected economic and earnings reports. This week is the busiest week of first-quarter earnings season, with 150 S&P 500 constituents reporting in the days ahead.
Shares of Disney are trading higher after the Marvel blockbuster “Avengers: Endgame” shattered the record for biggest opening weekend with an estimated $350 million in ticket sales domestically and $1.2 billion globally, reaching a new pinnacle in the blockbuster era that the comic-book studio has come to dominate.
Rates for home loans ticked up slightly, a reminder that the easy-money era for mortgages will likely have to end at some point. The 30-year fixed-rate mortgage was up three basis points during the week and marked the fourth straight weekly rise for the popular product. The 15-year fixed-rate mortgage averaged 3.64%, up from 3.62%.
Consumer sentiment slipped slightly in April while personal finance outlook hits 15-year high. The number of people who think their financial prospects for the year ahead will improve has reached the best level since 2004.
With Northwest Quadrant Wealth Management, I'm Tyler Simones