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Weekly Financial Market Update - March 15 2019

Christopher LaPorta

March 18, 2019


All three major U.S. stock indexes posted weekly gains and closed near their highest levels of the year on Friday. Of the three benchmarks, the Dow Jones Industrial Average posted the smallest weekly advance, as shares of its highest weighted member, The Boeing Co., declined 10.3% amid the fallout from the previous weekend’s crash involving its 737 MAX airline. Technology stocks helped lead the way this week, making the sector one of the best performing groups in the S&P 500 for the year. Stocks rose despite some weaker-than-expected economic data, which helped drive a rally in U.S. government bonds.

Learn more including information about U.S. manufacturing output results, consumer sentiment and The Labor Department Job OPenings and Labor Turnover survey in our Weekly Financial Update.