Markets had stumbled towards the end of March on worries about slowing growth or a recession but"it feels like some of that concern is receding," said Art Hogan, chief market strategist at National.The strong start showed continued momentum from the first quarter, which saw the S&P 500 notch its best quarterly performance since 2009.
US retail sales disappointed in February but the result was tempered somewhat by an upward revision to the January data.
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