Out Like A Lion: U.S. Stocks Sell Off In Last Trading Day Of Q1

March 31, 2015 8:50 PM

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When it came to weather in the Northeast, March came in like a lion on steroids and is going out with slightly less juiced lion. But with their performance on the last trading day of 2015′s first quarter, the U.S. equity markets seemed determined to mimic the trade winds’ parting punch. After kicking the quarter off with a mixed day of trading and going on to log a choppy three months of trading, stocks have finished the quarter with a selloff so strong that the Dow’s quarterly gain was wiped out and replaced with a loss. The silver lining for investors, at least, is that the S&P and Nasdaq managed to eke out gains for the first quarter of the year.

The Dow Jones Industrial Average closed Tuesday trading down 200 points, or 1.11%, a strong enough loss that the index logged a 0.26% loss for the quarter. Nearly all 30 Dow components languished in negative territory Tuesday, with American Express and Coca Cola serving as the lone gainers (up 0.4% ...

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