![]() That brought first quarter (and year-to-date) gains for both indexes to 7% and 16.8%, respectively. ![]() Yet, the S&P 500 finished higher by 3.5% in March, while the Nasdaq jumped by 6.7%. Treasury yield slide from a high of 5.07% in early March to a low of 3.55% just a few weeks later (the fastest drop of that magnitude since October 1987).Ĭonventional wisdom and simple logic might suggest the above list paints a dire scenario for the market.
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