March 29, 2024

Daily Wrap

DJIA  +82.71 (+0.64%) to 13,034.49; S&P 500  +2.23 (+0.16%) to 1,409.28; NASDAQ  -22.99 (-0.77%) to 2,973.70; Today’s action was somehow boring and choppy all at the same time.  While we had some moves back and forth it didn’t encompass the entire day and the other times the S&P 500 showed relatively tight action.  More exciting was the Dow and Nasdaq which had moves more that 4 times the S&P although both closed within 1% of the previous day’s close. Weighing on the Nasdaq today was Apple Computers (AAPL).  More trading than news drove today’s action.  I even saw a note…