Market Update Wednesday, April 8th

Dan Moylan, our Chief Investment Officer at Carlson Financial, comments on today’s market movers.  A few of the key points included: the indexes closed today at near highs due to positive ideas that the economy will begin opening back up within a month, there are discussions of another stimulus package coming out of Washington, coronoavirus news is positive with death projections coming in lower, now isn’t the time to pull back on social distancing but time to intensify, the jobless report is released Thursday morning with an expected big number, and the energy sector was up on optimum that Saudi Arabia and Russia  will agree on an oil production cut.