It was a quarterly performance for the stock market that not even the bulls expected at the start of the year. The major averages closed out the month and quarter with solid gains on Friday. In Friday’s trading, the small-cap Russell 2000 (IWM
IWM
QQQ
The QQQ was identified in January as a market leader, taking over from the Dow Jones Industrial Average which had been leading since last October. For those who still feel a recession is now even more inevitable after the banking crisis, the strength of the Nasdaq 100 has not been convincing. For some, it is negative and while they might be right about an eventual recession that fear likely kept many out of stocks for the past three months
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