India, March 24 -- U.S. markets started the day ambivalently on March 24 as the Dow Jones rose by approximately 0.3% to around 46,200, S&P 500 faded by 0.5% and Nasdaq decreased 0.4%. Brent crude had risen above one hundred dollars a barrel and inflation anxiety was increasing and the sector rotation was going sharply toward energy and defensive stocks instead of technology.
U.S. Market Snapshot
Index
Level
Change
Trend
Dow Jones
46,200+
+0.3%
Positive
S&P 500
6,500
-0.5%
Weak
Nasdaq
Slightly lower
-0.4%
Under pressure
NYSE Composite
Mixed
Flat
Volatile
Dow Jones
Dow is performing well due to its composition with excessive investment in energy, industrials and defensive industries is playing to its advantage. As oil...
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