Market Recap for Monday, March 20th, 2017
The S&P finished lower for the 3rd consecutive session. But overall, stocks ended the first trading day of the week flat.
In spite of the sideways day, the NASDAQ managed to rally to a new record intraday high. But in the end, the index finished just a half point higher.
Here's where the major indices ended the day.
- The S&P finished with a 0.2% loss. Down 5 points, the S&P ended at 2,373.
- The DOW ended flat. Down just 9 points, the DOW closed at 20,906.
- The NASDAQ finished flat. With a 1/2 point gain the NASDAQ finished at 5,902.
Crude Oil (CL) was was on the move early and started the session with a 1.7% loss. A rally in the morning helped cut losses in half, and CL finished the day 0.8% lower at $48.91 a barrel.
There are no major reports scheduled tomorrow, but things pick up a bit later on in the week. We have Existing Homes Sales at 10:00am ET and Crude Oil Inventories at 10:30am ET on Wednesday, and traders will focus on comments from Fed Chair Yellen and other Fed members on Thursday.
This Week's Economic Calendar
Real Time Economic Calendar provided by Investing.com.
Have a great trading week!