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🔔 The dashboard: The S&P 500 closed up 0.4%.
- Biggest decliner? Kroger (-5%) after an investor event disappointed Wall Street.
- Biggest gainer? Solar company Enphase Energy (+8%). Green energy companies rallied after the release of President Biden's infrastructure plan.
🚨 Situational awareness: The SEC dropped a statement on SPACs, warning that a private company not prepared to go public — then "quickly acquired by a SPAC" — may not be able to meet listing standards. Go deeper
Today's newsletter is 589 words, or a 2-minute read.