March 28, 2024

Daily Wrap

DJIA -12.67 (-0.08%) to 15,294.50; S&P 500 -4.84 (-0.29%) to 1,650.51; NASDAQ -7.68 (-0.26%) to 2,991.45 A much more exciting day today than the markets might otherwise look if you simply check the closing prices.  The market traded lower overnight as the Nikkei lost roughly 7%.  Our markets used the first 30 minutes or so of trading to find the bottom and then rallied with all 3 major indices (and even the Russell 2000) spending time up on the day.  The march to even ultimately acted as resistance and the S&P pulled back during the last hour to finish with small losses.  On…