HomeMarketsIndicesThe Wrap: Indecisive Trading Day Follows Wall Street's Best Week Since 2020
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The Wrap: Indecisive Trading Day Follows Wall Street's Best Week Since 2020

Stocks bounced around for much of Monday March 21st with a slightly lower finish that gave back some recent gains after the indices best week in over a year. S&P 500 (SPX) slipped less than 0.04%, Dow Jones Industrial Average (SDJI) fell 0.6%, while the Nasdaq (NDX) composite slid 0.31% and the Russell (RUT) was the biggest lower, down .97%. No change in current geopolitical unrest affecting commodities. Crude Oil up 7.57%, Gasoline futures up 4.5%, Gold up .30%. The yield on the 10-year Treasury (TNX) jumped to 2.31 that’s a 7.77% increase from late Friday. Bitcoin still holding at $41,300. The VIX or the Fear Index closed at 23.5, that’s down 1.4%. Communication and consumer sectors mostly fell to start the week. Facebook parent, Meta Platforms (FB), fell 2.3%, Alphabet (GOOG) also down slightly, Amazon (AMZN) up a bit but Home Depot (HD) and PayPal (PYPL) both down about 3.5%. On the flip side, all energy sectors were up Monday. Finally, Scott Connor weighs in on what to keep an e

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21 Mar 2022

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