4 ETFs to Buy in April to Tap Likely Market Rally | investing.com – Investing.com

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Though the first quarter was upbeat for Wall Street, bouts of volatility constantly crossed paths due to rising rate worries that mainly resulted in growth stock sell-off. Tax hike worries also bothered market sentiments occasionally. Overall, the and the S&P 500 surged 7.8% and 5.8%, respectively, in first-quarter 2021. However, Wall Street seems to have kicked off April with more vigor as the S&P 500 has already crossed the 4,000 mark and is still running steady. The value-stock heavy Dow Jones and the tech-heavy Nasdaq too are doing well this month.

Upbeat U.S. economic indicators in the area of jobs and manufacturing have been aiding the rally (read: 4 Sector ETFs to Sizzle on Robust March Jobs Report). Fast COVID-19 vaccinations, progress on biotech researches on vaccines, and an unprecedented fiscal stimulus have been the other catalysts. President Joe Biden last week unveiled an additional $2 trillion spending plan (over and above the COVID-19 stimulus bill) over 10 years toward restoring transportation, communication and power infrastructure. The infrastructure plan will be paired with an additional $1 trillion in spending focused on social programs and is expected to be unveiled in April (read: ETFs to Win on Biden's Infrastructure Plan). According to Ryan ...read more...