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The US major indices close mixed but are down for the month of March/down for the year

The major US indices are ending the day with mixed results, but were down for the month of March:

A snapshot of the major indices at the end of day shows mixed results:

  • Dow industrial average rose 417.86 points or 1.00% at 42001.76
  • S&P index rose 30.91 point or 0.55% at 5611.85.
  • NASDAQ index fell -23.70 points or -0.14% at 17295.29.
  • Russell 2000 fell -11.36 points or -0.56% in 2011.91.

For the trading month, all the indices fell:

  • Dow fell -4.20%
  • S&P fell -5.75% its worst month since December 2022
  • Nasdaq fell -8.21%, its worst month also since December 2022

For the year (1Q):

  • Dow -1.28%
  • S&P -4.59%
  • Nasdaq -10.42%

So the 1st quarter is in the books and there not a lot to write home about as fears weigh on the market including:

  • Stagflation
  • Higher inflation from tariffs
  • Slower job market
  • Q1 earnings coming lower

Let’s hope for better days ahead in Q2

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