Last week equity markets were mixed as investors weighed more abysmal economic reports with positive signs of slowing Covid-19 infection rates in hot spots around the country. The tech-heavy Nasdaq led the way with strong gains in Amazon.com and tech bellweathers Apple and Microsoft. The index is now down 'only' 3.6% on the year. Earnings season officially kicked off last week with bank and financial companies reporting massive profit declines. Retail sales dropped almost 9% in March and the number of Americans filing unemployment claims has surpassed 22 million. Despite the negative data, investors were heartened by news that regional governors were coordinating efforts to begin opening up their economies. More good news came late in the week as clinical trials showed some Covid-19 patients responding well to Gilead Sciences’ antiviral medication, Remdesivir.