American Markets Clock The Best First Quarter Performance In 5 Years
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During the first three months of the year, the Dow Jones Industrial Average jumped by 5.6%, marking its most robust first-quarter performance since 2019. The S&P 500 index surged by 10.2%, and the Nasdaq Composite experienced gains of 9.1%. This performance is significant considering the impact of the pandemic on global supply chains. Speculations of a rate hike have been looming, but the inflation rate has been inconsistent and has not matched analysts' expectations. The Federal Reserve left rates unchanged in their recent meeting but indicated a potential rate cut in the future. Tech companies, particularly Nvidia, have seen significant growth and advancement. In the last week of March, Dow Jones gained 0.12%, S&P 500 gained 0.11%, and Nasdaq lost 0.12%.

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https://www.freepressjournal.in/business/american-markets-clock-the-best-first-quarter-performance-in-5-years