Welcome back — and hello! Hope King here with Axios Closer today, making my debut and giving Courtenay an overdue break. She'll be back Monday!
🔔 The dashboard: The S&P 500 closed up 0.7% — the third consecutive record close.
- Biggest decliner? Molson Coors (-3%), extending its losing streak.
- Biggest gainer? Tommy Hilfiger parent PVH (+6%) amid a retail sector rally.
💰 Launching tomorrow: Axios Pro Rata weekend edition, authored by Kia Kokalitcheva. Sign up here.
Today's newsletter is 681 words, or a 2½-minute read.
🙏 Thank you for reading this Friday edition! On a personal note, I'd like to recommend The New York Times' photo essay on what love looks like in a time of hate. "Little Fires Everywhere" author Celeste Ng sums up one of the key styles of the Chinese love language:
- "In Chinese families, you greet someone by asking if they’ve eaten yet. It is love expressed as concern: Let me take care of you, let me tend to your most basic need. And the response — I’ve eaten already — is an expression of love, too. Don’t worry, Mom, I’m doing fine."
If you follow me on Twitter, you know I always end my days with this reminder: Take care of yourself tonight, so we can take care of one another tomorrow.
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