That May Have Been An Exaggeration

April 28, 2023 Good morning, U.S. equities put in a strong day yesterday with the S&P 500 Index (SPX) gaining +1.96% and the tech heavy Nasdaq Composite advancing +2.8%.  News agencies attributed the big jump in the indexes to the earnings beat by Meta Platforms (formerly named FaceBook), which was up +15% on the day. […]