As the first quarter of 2024 closes, global markets are witnessing a surge in optimism, boosting the S&P 500 to record heights with a notable 10.2% gain, marking its strongest first-quarter performance since 2019.
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As the first quarter of 2024 closes, global markets are witnessing a surge in optimism, boosting the S&P 500 to record heights with a notable 10.2% gain, marking its strongest first-quarter performance since 2019.
As the curtain draws on March, the stock market has hit a gentle pause, with the S&P 500 marking its third consecutive session in the red. This cooling off comes after a series of record highs last Thursday, demonstrating a market that, while resilient, is not immune to fluctuations.
The financial markets experienced a modest pullback on Monday, signalling a pause in the recent rally as investors took a step back to assess a wide array of economic data and news developments. The major U.S. indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, all closed lower on the day, reflecting a cautious stance among market participants.
Financial markets were extremely active last week as major economies released key economic data and central banks made important policy decisions. With central banks adjusting their monetary policies to address inflation and growth concerns, investors had to navigate conflicting signals from policymakers.