The First Quarter Ended With Gains
The first quarter ended with gains in all five indices with the S&P 500 standing over 10% higher year to date. For the S&P 500, this was the best first quarter since 2019.
The first quarter ended with gains in all five indices with the S&P 500 standing over 10% higher year to date. For the S&P 500, this was the best first quarter since 2019.
Last week, Wednesday’s gains punctuated the week in large part due to the activity following the FOMC Meeting, where they voted to hold interest rates held steady.
The highly anticipated FOMC meeting takes place this week. Analysts anticipate the Fed Funds Rate will hold steady at the 5.25 to 5.5 range given the persistent inflation readings.
Following a blowout of an emergency door on a Boeing 737 Max in January, orders from Boeing almost completely disappeared for a month.
The S&P 500 index edged down 0.1% this week as investors digested higher-than-expected inflation readings for February.
The Major Markets closed out the month of February mixed and last week’s economic news was lackluster at best.
Internet scams show no signs of letting up. The costliest scams involved compromised emails and spoofing accounts to gather personal or financial information.
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