Stock Market Update Tuesday March 19, 2024

Stock Market Update Tuesday March 19, 2024 Stocks enjoyed another 0.6% rise in the S&P 500, although tech lagged a bit, with the Nasdaq 100 only edging into the green late in the day.

Away From Stocks: A strong 20-year bond auction this afternoon helped Treasury's rally by a few basis points across the curve ahead of tomorrow’s Fed statement and press conference, while WTI crude logged fresh multi-month highs near $83 a barrel, gold stayed little changed at $2,158 per ounce and bitcoin slumped to a two-week low near $64,000. The VIX retreated back below 14. 

SPY ETF 10 Minute Intraday Chart