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Showing posts from March, 2019

March 30, 2019 – Weekend Market Comment

March 30, 2019 – Stocks rose on Friday amid renewed optimism on the progress of trade talks between Washington and Beijing as Wall Street wrapped up a stellar quarter.

The Dow Jones Industrial Average closed 211.22 points higher at 25,928.68 as Boeing, UnitedHealth and Caterpillar outperformed. The S&P 500 advanced 0.7 percent to 2,834.40, led by the industrials and health care sectors. The Nasdaq Composite climbed 0.8 percent to 7,729.32.

CarMax was the best-performing stock in the S&P 500, rallying 9.5 percent on strong earnings. Sentiment was also lifted by Lyft, as the ride-sharing company surged more than 8 percent in its first day of trading.

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