Dow Adds Triple Digits as Treasury Yields Move Lower

The Nasdaq and S&P 500 settled higher as well

Digital Content Manager
Mar 19, 2024 at 4:29 PM
facebook X logo linkedin

With the Federal Open Market Committee's (FOMC) two-day meeting now underway, lower Treasury yields helped stocks rebound on Tuesday. The central bank is largely expected to keep interest rates the same, though some on Wall Street are wary recent economic data will embolden the Fed to maintain rates higher for longer. Nevertheless, the Dow scored a triple-digit pop, while both the S&P 500 and Nasdaq settled higher as well. 

Continue reading for more on today's market, including:

  • Planet Fitness stock draws put traders' attention.
  • How to win in March Madness and options trading.
  • Plus, 2 chip stocks in focus, and Fusion Pharmaceutical's big acquisition.

Closing Indexes Summary March 19

NYSE and Nasdaq Stats March 19

5 Things to Know Today

  1. Unilever (UL) said it may spin off its Ben & Jerry’s unit and expects to cut 7,500 jobs globally. (MarketWatch)
  2. Microsoft (MSFT) hired the co-founder of a startup Alphabet (GOOGL) bought in 2014 to lead its artificial intelligence (AI) initiatives. (CNBC
  3. Nvidia stock moved lower despite revealing a new AI chip.
  4. Ramped up competition pressures this semiconductor stock.
  5. Fusion Pharmaceuticals bought AstraZeneca for over $2 billion.

There were no notable earnings reports today.

Gold Edges Lower as Greenback Gains Strength

Oil prices settled higher on Tuesday, as investors continued to assess the impact of Ukraine's attacks on Russia's oil refineries could have supply and demand. April-dated West Texas Intermediate (WTI) added 75 cents, or 0.9%, to settle at $83.47 per barrel on the day.

Meanwhile, gold prices finished lower as the U.S. dollar became stronger and traders eyed the Fed's two-day meeting. April-dated gold dropped $4.60, or 0.2%, to settle at $2159.70 per ounce on the day.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI