March 31st 2019
U.S. stocks wrapped a quite volatile week and all three major U.S. averages finished the week with decent gains. The Dow Jones Industrial Average added 1.5 percent from last Friday’s close to 25,928.68. The blue-chip index just eked out a roughly 0.1 percent gain for March, and an 11.2 percent charge higher in the first quarter. The S&P 500 advanced 1.2 percent during the week to 2,834.40. The broad index only booked a 1.8 percent monthly rise and a first-quarter advance of 13.1 percent, the best quarterly performance since the third quarter of 2009. The Nasdaq closed at 7,729.32 and added 1.1 percent for the week. The heavy-tech index is up 2.6 percent for the month and advanced 16.5 percent for the first three months of the year. Nearly all key S&P sectors ended in positive territory for the week, led by industrials. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, ended near 13.7.