The trade deficit narrowed from $61.7 billion in February to $58.2 billion in March, smaller than an estimated gap of $61.0 billion. A 1.7% drop in exports to $148.5 billion was offset by a 2.9% decline in imports to $206.7 billion. Details from Bloomberg...
The Dow Jones Industrial Average fell 121 points (0.9%) to close at 12,746, the S&P 500 Index lost 9 points (0.7%) to 1,388, while the Nasdaq Composite declined 6 points (0.2%) to 2,446. Crude oil finished up $2.27 to $125.96 per barrel, and gold ended up $4.30 at $886.40 per ounce. For the week, the DJIA closed 2.4% lower, the S&P 500 Index decreased 1.8%, and the Nasdaq Composite fell 1.3%.
Magnificent Seven Update
Weekly Analysis Of Magnificent Seven ETFs
