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Asia Markets Mixed, Europe Closed, While Gold Hits Fresh Record High - Global Markets Today While US Was Sleeping
On Thursday, March 28th, the U.S. stock markets had a mixed finish, with the S&P 500 achieving its best first quarter in five years as investors evaluated economic data and awaited the next inflation update.
In economic data, U.S. GDP growth for the fourth quarter was revised to 3.4% from 3.2%. Weekly jobless claims dropped to 210,000, below the expected 215,000. Consumer sentiment in March improved to 79.4 from an initial estimate of 76.5.
During the quarter, the top performers among the 11 major sectors were communication services, energy, and technology, while real estate was the only sector to experience a decrease.
The Dow Jones Industrial Average ...