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March Jobs Report: Will Momentum Continue in New Quarter?

Stocks closed out a strong first quarter, but this week's jobs report will determine if momentum continues. Other indicators suggest a market break may be imminent. Peltz seeks board seats with Disney's former CFO. FOMO dynamic observed in flows data.

by Terry Bingman
Mon, Apr 1, 2024 1:12pm
in Business
• 3 mins read
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March Jobs Report: Will Momentum Continue in New Quarter? | FinOracle

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Stock Market's Impressive First Quarter Performance

The stock market has wrapped up an impressive first quarter, with the S&P 500 notching a more than 10% rise in the first three months of the year, marking its best start since 2019. Similarly, the Nasdaq Composite and the Dow Jones Industrial Average experienced significant gains, with increases of over 9% and about 5.5%, respectively. This surge in the market has shifted focus toward whether the momentum can be sustained in the coming months, amidst new economic reports.

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