Wednesday's gain left the Dow Jones today, on the last day of April, sitting on its best month of the century. Actually, it's the century's best month for the Dow, the Nasdaq and the S&P 500.So strange... in this lockdown month.
In fact, the Dow's 12.4% advance so far in April puts it on track for its best month since a 14.2% surge in January 1975. That's a 45-year record. The Nasdaq is toiling away at its biggest monthly advance since February 2000. That was a 19.2% spike, preceded by a 22% Santa Claus rally in December 1999. The S&P 500 has rebounded 13.7% in April. That beats everything going back to its 16.3% rebound rally in October 1974.
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