Stock Market Update Wednesday March 27, 2024 With the market closed for Good Friday, we are witnessing light volume trading today and tomorrow, resulting in a choppy midday trading session. The Nasdaq maintained its flat trajectory, while the Dow and S&P recorded modest gains. However, in the afternoon, the market underwent a substantial surge, ultimately closing at an all-time high.
Tomorrow Macro News
3/28 8:30 am ET: 4QT 2023 GDP
3/28 10:00 am ET: Michigan Sentiment and Inflation Expectation
Away From Stocks: The dollar remained relatively stable, showing minimal movement, while fixed income experienced a slight increase. In the metals sector, silver prices rose by 0.75%, reflecting a similar uptick in gold prices. Moreover, the performance of mining companies stood out during this period, demonstrating notable strength.
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