The S&P 500 rallied a second month, widely outperforming the Nasdaq’s Composite gain of just 0.07%, but trailed the Dow Industrials’ 2.57% advance by 1%.
The yield on U.S. 10-year Treasury notes was little changed in April, down less than 0.05% to end the month at 3.448%.
U.S. WTI oil futures ended April at $76.78/barrel, up 1.5% on the month. While ending a five-month losing streak, crude oil futures are still down 4.3% YTD.
Overall, the Bloomberg Commodity Index fell 0.75% in April to extend YTD losses to 6.07%.
