NEW YORK: April is a good month for stocks. Actually, it’s so good that it has been the best month for the S&P 500 for the past 25 years. And hopes are high that after a first quarter to forget, this April too will be a strong one even as US companies start to report the effect of decades-high inflation on their profit margins.
“This earnings season is going to be very important,” said Ryan Detrick, chief market strategist at LPL Financial.
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