S&P500 -8.79% (2,711.02); NASDAQ -8.17% (7,874.88); DJIA -10.36% (23,185.62)
This week’s reports:
- February’s CPI rose 2.3% y/y versus January’s 2.5% y/y. CPI ex Food & Energy (Core CPI) rose 2.4% y/y versus January’s 2.3% y/y.
- March’s Michigan Consumer Sentiment Index (prelim.) fell to 95.9 from February’s 101.
- Initial Jobless Claims for the week ending March 6th fell by 4K to 211K. Continuing Jobless Claims for the week ending February 28th fell by 11K to 1.722M.