| Stocks Close Higher In Another Historic Performance  Image: Bigstock Stocks closed higher on Friday and for the week in another historic performance.
The Dow, after rallying 57.3% from their pandemic lows, finally turned positive on the year and is now up 0.40% YTD.
The S&P, which has rallied 60.0% from their lows, extended their winning streak to 6 daily record highs in a row, and 5 higher weekly closes in a row (it's actually their 8th higher weekly close in the last 9 weeks). For the year, they're up 8.58%.
And the Nasdaq, which has surged by 76.4% from their lows, marked their 40th record close this year, finished out their 5th week in a row of higher weekly closes, and is up a whopping 30.3% for the year!
The best part is that it looks like there's a lot more upside to go.
The great suppression is over. The economy is opening back up. Even though it's been a bumpy road, pent-up economic demand has been surging. And you can see that in the parade of better than expected economic reports.
Couple that with the nearly $10 trillion in fiscal and monetary stimulus being pumped into the economy, along with near-zero interest rates, and the Fed's staunch commitment to do whatever it takes to support the economy and jobs, it's no wonder analysts are calling for unprecedented growth for the remainder of the year.
These truly are historic times for the economy and the market.
So make sure you're taking full advantage of it.
See you tomorrow, 
Kevin Matras Executive Vice President, Zacks Investment Research | | Sponsor Today, See Zacks' Top Stocks for Free
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