The US major indices close mixed but are down for the month of March/down for the year | Forexlive

The major US indices are ending the day with mixed results, but were down for the month of March:

A snapshot of the major indices at the end of day shows mixed results:

• Dow industrial average rose 417.86 points or 1.00% at 42001.76
• S&P index rose 30.91 point or 0.55% at 5611.85.
• NASDAQ index fell -23.70 points or -0.14% at 17295.29.
• Russell 2000 fell -11.36 points or -0.56% in 2011.91.

For the trading month, all the indices fell:

• Dow fell -4.20%
• S&P fell -5.75% its worst month since December 2022
• Nasdaq fell -8.21%, its worst month also since December 2022

For the year (1Q):

• Dow -1.28%
• S&P -4.59%
• Nasdaq -10.42%

So the 1st quarter is in the books and there not a lot to write home about as fears weigh on the market including:

• Stagflation
• Higher inflation from tariffs
• Slower job market
• Q1 earnings coming lower

Let’s hope for better days ahead in Q2