Investors Eye Impressive Gains as Trading Quarter Ends
The final trading day of the short holiday week has arrived, and investors are closely watching as the S&P 500 is postured to cap off the quarter with a nearly 10% gain, marking its most robust first-quarter performance since 2019. This surge is partly propelled by the remarkable growth of chipmaker Nvidia, which has soared 82% throughout the quarter, with a 14% rise in March alone. Meanwhile, the Dow Jones Industrial Average is navigating towards a 5.5% gain, with the Nasdaq not far behind, boasting a 9.3% uptick.
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