Tăng trở lại, chứng khoán Mỹ vừa khép lại quý đầu năm tốt nhất trong nửa thập kỷ qua
Chỉ số S&P 500 has recorded its best performance in the past five years, ending the first quarter with impressive gains. On March 28, the index increased by 0.11%, reaching 5,254.35 points. The Dow Jones Industrial Average also rose by 0.12%, equivalent to 47.29 points, closing at 39,807.37 points. Both indices reached record highs, with S&P 500 reaching an all-time high during the session. The Nasdaq Composite Index, on the other hand, decreased by 0.12% to 16,379.46 points.
During the first quarter of 2024, the S&P 500 index rose by 10.2%, making it the best-performing first quarter since 2019. The Dow Jones index also performed well with a 5.6% increase, marking the best first quarter since 2021. Meanwhile, the Nasdaq ended the quarter with a growth of 9.1%.
In March alone, the S&P 500 increased by over 3.1%, Nasdaq rose by 1.8%, and Dow Jones climbed by 2.1%. These positive results mark the fifth consecutive month of strong performance for all three indices.
The strong driving force behind the stock market in the first quarter, especially in March, is Nvidia. With the AI (Artificial Intelligence) frenzy, Nvidia emerged as the market leader last year and continues to show no signs of slowing down. Nvidia stocks surged by 82.5% in the quarter and by 14.2% in March alone.
In terms of economic data, the initial jobless claims for the week ending March 16 were 210,000. This figure is slightly lower than the predicted 211,000 by economists surveyed by Dow Jones.
Art Hogan, Market Strategist at B. Riley Wealth, commented that this is the end of a good month and a truly successful quarter.
The preferred inflation measure by the US Federal Reserve will be released on March 29. Although the market will be closed on March 29 for Good Friday, the results can still impact the market in the coming week.
According to CNBC