A Wrap for Powell, but Big Late Trading Day

Thursday, March 7th, 2024Following a couple days of selling off ahead of critical economic data this week has paid off for those paying attention: for the second session in a row, we’ve gone up on relatively favorable monthly prints. We’re still not at last week’s highs, save for the small-cap Russell 2000, but of the four major indices, only the Dow is in the red over the past five trading days. The Dow closed +130 points, +0.34%, the Nasdaq +241, +1.51%, while the S&P 500 and aforementioned Russell reache ...