Home World News US stocks were flat in early trading, trading was light ahead of Easter, but still on track for the strongest Q1 in 2019

US stocks were flat in early trading, trading was light ahead of Easter, but still on track for the strongest Q1 in 2019

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US stocks were flat in early trading, trading was light ahead of Easter, but still on track for the strongest Q1 in 2019

US stocksThere were fluctuations near the flat market in early trading on the 28th, becauseinvestMarket trading is light as people wait to celebrate the upcoming Easter holidays, but the performance of US stocks this quarter is on track for the strongest first quarter in 2019.

The Dow Jones Industrial Average rose 37.01 points, or 0.09%, in early trading on the 28th.stamp 500The index and the Nasdaq index also rose slightly less than 0.1% respectively, the Philadelphia Semiconductor index rose 0.5%, and the TSMC ADR fell 0.1%.

The S&P 500 Index is up nearly 10% so far this quarter, and is on track to have the best first quarter of 2019 with a 13.1% gain; The Dow Jones Index is up 5.5% this quarter. The performance was the best in the first quarter of 2021; The Nasdaq index rose 9.3% in the quarter.

The rise in US stocks this quarter is still being led by last year’s market leader Nvidia, which also shows that the artificial intelligence (AI) craze is still showing no signs of slowing down. Huida’s share price is up 82% this quarter, and up 14% in March alone.

A rally earlier this year has pushed the three major US stock indexes to record highs. The S&P 500 index reached a record high on the 27th.

The number of people claiming initial unemployment benefits in the United States last week, released on the 28th, was 210,000, slightly lower than market expectations of 211,000. Investors will also keep an eye on the release of final quarter GDP revisions and consumer confidence data today.

Although US stocks will be closed for Good Friday on the 29th, economic data related to personal income, consumer spending and PCE inflation index will also be released on that day.

Finance (TagstoTranslate) US Stocks (T) S&P 500 (T) Investing