Dow Adds Triple Digits For Third-Straight Win

The Dow kicked off the last week of March with a 194-point win, its third straight. Investors set aside banking system concerns amid reports that U.S. officials could expand the emergency lending program for that sector. News that First Citizens Bancshares (FCNCA) agreed to purchase around $72 billion of SVB Financial Group's (SIVB) assets boosted sentiment as well. The S&P 500 also made it three in a row, while a lackluster tech sector weighed on the Nasdaq.

Indexes March 272023

nysenasdaq March 272023

Earnings March 272023

Unusual Options Activity March 272023

Gold, Oil Move In Opposite Directions

Oil futures moved sharply higher on Monday to settle at a two-week high on Monday, as fears over the baking sector subsided. May-dated crude rose $3.55, or 5.1%, to close at $72.81 per barrel.

Gold prices finished lower, with investors now feeling less compelled to seek refuge in the safe-haven asset. April-dated gold dropped $30, or 1.5%, to settle at $1,983.80 per ounce.

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