FKWL - Wall Street Breakfast:
Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks rallied to close at record levels Friday, with the Dow Jones hitting 33,800 and the S&P 500 topping 4,100, as investors ignored concerns about inflation even while March producer prices increased by the most in more than nine years on an annualized basis. Retailers, tech and industrial shares drove the advance in the S&P, which posted its third-straight weekly gain. Trading was sluggish again, with volume 28% below the average of the past 30 days. Amazon added 2% after securing enough votes to defeat a unionization drive at one of its Alabama warehouses, delivering a blow to organized labor who hoped to unionize a U.S. Amazon facility for the first time. The Dow climbed 2% on the week, while the S&P 500 gained 2.7%
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Wall Street Breakfast: