Stocks head for best quarter in 7 years despite rising fears of a recession

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

It's not just that the S&P 500, up 11.9 percent, is having its best quarter since 2012. Everything is up, including stocks and bonds.

We are ending the first quarter on a note of modest anxiety over lower Treasury yields, but investors should be very happy with their investment portfolios.

The gains are broad-based. Technology stocks are the biggest gainers, up 17 percent, but energy stocks also were strong as oil rallied from $42 at the end of December to nearly $60. Industrial stocks, which were dramatically oversold at the end of the fourth quarter on global growth concerns, snapped back as well, up 15 percent.

What's more, bond portfolios have also gained. Exchange traded funds for high yield bonds, corporate bonds and Treasurys are all up, not including dividends. The iShares High Yield fund is up 6.1 percent; the iShares Corporate is up 5.3 percent, and the iShares 7-10 Year Treasury is up 2.2 percent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

mayb the ones calling for a recession r wrong but i doubt they wld ever admit it

Man do we never learn from our mistakes? A recession is coming and people are throwing their money into an inflated market that will just crash.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No Fed boost for European stocks as banks fall; chipmakers shineEuropean stock markets opened lower on Thursday, as the impact on banks of an ac... Subscribe to pewdiepie
Source: Reuters - 🏆 2. / 97 Read more »

Stocks making the biggest moves premarket: Biogen, Boeing, Walmart, Apple, Clorox & moreSome of the names on the move ahead of the open. mr_jettlife Average working class people should NEVER buy stocks. It's Gambling. The only people who make money in it are insiders and millionaires and billionaires.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks inch higher, led by AppleStocks fell at the open after the Fed’s latest policy announcement sparked worries about the U.S. economy while shares of Biogen dragged down the health care sector. Biogen tanked more than 26% after discontinuing trials for a drug aimed at treating Alzheimer’s Disease. The move sent the Health Care Select Sector SPDR ETF (XLV) down more than 1%. Will realDonaldTrump still attempt to brag how well the market is doing? Don’t believe what we hear & see? Hmmm Stocks rose at the close as Apple and Micron surged to lead the tech sector higher.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Levi Strauss, Biogen, Micron & moreThese are the stocks posting the largest moves midday Thursday. Liberals trying to think about stocks
Source: CNBC - 🏆 12. / 72 Read more »

There's one reason why stocks are doing just fine despite worries about earnings and the economyCorporate earnings are falling, the economy is slowing, yet the U.S. stock market is still up more than 13 percent this year. Just matter of time What goes up must come down... Especially when it's a falsely inflated economy
Source: CNBC - 🏆 12. / 72 Read more »

Dow logs more than 200-point gain as Apple leads tech stocks higherU.S. stocks ended higher on Thursday as a sharp surge in tech shares helped to lift key equity benchmarks. The S&P 500 rose 1.1% to end near 2,855. The...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: Nike, Cintas, GameStop and moreSee which stocks are posting big moves after the bell on March 21.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen mixed amid dovish Fed, Brexit uncertaintyEuropean stocks are seen struggling for direction, as concerns over the Fed's subdued outlook and Brexit uncertainty weigh on sentiment. Why do blacks commit half the crimes but are only 10% of the population? BlackLivesMatter Equality Resist Answers facts FactsMatter FactsDontLiePeopleDo WAKEUPAMERICA WakeUpAmericaNow dindunuffin MarchMadness CNN HillaryClinton ImWithHer MAGA blackliesmatter
Source: CNBC - 🏆 12. / 72 Read more »