What Supported the S&P 500, NASDAQ, and Dow?
After regaining strength last week, the S&P 500 opened higher on Monday and closed the day at the highest levels in three weeks.
The Dow Jones Industrial Average closed at 20,578.71. Like the S&P 500 and Dow Jones, the NASDAQ Composite Index closed positive on Thursday.
The S&P 500 weakened and fell lower on Wednesday. Weakness in the energy, financials, and utility sectors weighed on the market.
After a volatile day on Wednesday, the S&P 500 regained some strength on April 6. It bounced back from its 50-day moving average and closed positive.
On April 4, the S&P 500 Consumer Discretionary sector fell 0.14%. In the Consumer Discretionary sector, the Auto Components sector fell the most—it fell 2.9%.
The energy sector regained strength on Tuesday. On April 4, the S&P 500 Energy Sector rose 0.71% and reached the highest levels in almost a month.
After starting on a weaker note by falling on Monday, the S&P 500 regained some strength and closed almost flat on April 4.
After pulling back briefly on March 29, the financials sector regained strength and led the market rally on March 30.
The S&P 500 gained for the third consecutive trading day and closed at the highest levels since March 20 on Thursday.
The S&P 500 was strong and closed at the highest levels since March 20. The market was supported by a rally in energy and consumer discretionary stocks.
After showing weakness for two consecutive days, the financials sector fell on March 21. On Tuesday, the S&P 500 Financials sector index fell 2.9%.
After starting the day on a weaker note, the S&P 500 fell on Tuesday to the lowest levels since February 14. On March 21, it fell 1.2%.
The healthcare sector fell on Thursday amid the sell-off in healthcare-related stocks. The S&P 500 healthcare sector fell 0.9% on March 16.
On March 16, Indiana American Water said that it will replace aging water pipes stretched for 41 miles and repair the water tanks that serve Indiana.
After rising to the highest close since March 1, 2017, the S&P 500 pulled back on Thursday. The market sentiment was dented by weakness in oil prices.
Stocks related to the energy sector fell on Tuesday. On March 14, the S&P 500 energy sector fell 1.1% to the lowest levels since early November.
After starting the week on a positive note, the S&P 500 pulled back on Tuesday. Weakness in oil prices weighed on energy shares and pulled the market lower.
After gaining for three consecutive trading days, the healthcare sector pulled back on Monday. The S&P 500 healthcare sector fell 0.15% on March 13.
The S&P 500 materials sector moved higher on Monday and supported the market. The rise in copper prices improved the sentiment in the materials sector.
After breaking the winning streak and pulling back last week, the S&P 500 was slightly higher on Monday. The sentiment was mixed on March 13.