Main Street and Wall Street Not Speaking

Keith Schneider | April 19, 2020

U.S. stock indexes extended their rally for the most part with the NASDAQ 100 (QQQ) up +1.3% YTD and +6.9% for the week. However, small caps Grandpa Russell (IWM) closed -1.5% for the week and down -26.3% for the year. Markets bounced Friday after Gilead Science's disclosed late Thursday they might have a treatment for the coronavirus. Considering just how critical this could be if it proves out, the 10% pop in Gilead off the

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