March 28, 2024

Week in Review

DJIA  -120.88 (-0.91%) to 13,190.84;  S&P 500 -13.54 (-0.94%) to 1,430.15; NASDAQ -29.38 (-0.96%) to 3021.01; Friday’s action started overnight much much worse than it ended but it was still a big down day.  Main stream media attributed the drop to Boehner’s plan B not only not passing but being pulled even for a vote with the belief there was not enough votes.  While the market closed off the lows seen around noon, it was not resoundingly so and essentially we hovered near the lows all day and closed near the open.  What is interesting and puts some perspective on the days action you will see…