Quarterly Recap
U.S. stocks finished the month and quarter on a sour note with the broad market S&P 500 falling nearly 1.6% on the final trading day of March, trimming its first monthly gain in the new year to just over 3.7% and posting its first quarterly loss in two years. In terms of negativity, there were a total of 35 down days this year, marking the largest number of first quarter daily drawdowns since 1984. Nearly half (17) of those daily losses were in excess of 1%.
Read more here.