Wall Street is barreling toward a winning week — and month — as it closes out a rocky first quarter to 2023. All the major indexes are up this week, with the Dow Jones Industrial Average rising about 2.7%. The S & P 500 and Nasdaq Composite are up about 2.9% and 2.8%, respectively. Meanwhile, this month, the Dow is higher by more than 1.3% and the S & P 500 is up 2.8%. The tech-heavy Nasdaq outstripped the other indexes, up more than 6%.
Consumer discretionary and materials stocks also outperformed, up more than 4% each as a group. Communication services and health care stocks were the laggards of the week, although both were marginally higher. All 11 sectors in the S & P 500 advanced this week. Caesars Entertainment was the best performer in the S & P 500. The casino stock is closing out the week up by more than 13%, and is expected to surge another 52% to its average price target.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market news: S&P 500 hits 3-week high as bank fears easeUS stocks jump as traders put bank crisis behind them and brace for more inflation data It's encouraging to see the progress already made in putting the bank crisis behind us, and exciting to anticipate more inflation data!
Source: BusinessInsider - 🏆 729. / 51 Read more »