US stocks little changed ahead of quarter end

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 31, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    US stocks are trading on a flat note indicating a possibility of quiet end to what was a turbulent first quarter for markets across the globe.

    At the time of writing, Dow Jones Industrial Average (DJIA) was up 13 point or 0.07%. S&P 500 and Nasdaq were up 0.07% and 0.10% respectively.

    Shares in Boeing were down 2.2%, followed by a 1% drop in United Technologies. Winning side included names like IBM, Walt Disney, Chevron.

    During the first six weeks of the first quarter, stocks fell sharply largely on the back of China concerns and sliding oil prices. However, the later half witnessed a miraculous recovery in both oil and stock markets.
    For more information, read our latest forex news.

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