Market Watch: Wall Street Tries To Start Over

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U.S. stocks were lower on Wednesday, the first day of trading in the second quarter. The first quarter came to a disappointing end for investors yesterday, as a 200-point drop in the Dow sent the leading index back into negative territory for 2015.

The continued market volatility drove stock prices down back down yesterday, following a 250+ point jump on Monday. The end result was a first quarter that saw the Dow drop 0.26%. At the end of trading Wednesday, the S&P index stood less than one point higher than it had at the outset of 2015.

Today, markets followed private payrolls data, which showed the private sector created about 15% fewer jobs than expected in March. This is often seen as a precursor to Friday’s government employment report.

This is a short week for Wall Street, with markets closed for the Good Friday holiday.

Here are the final numbers from Wednesday on Wall Street:

Dow Jones Industrial Average: 17,698.18 (-77.94)

NASDAQ: 4,880.23 (-20.66) 

S&P 500: 2,059.69 (-8.20)

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella

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