Stocks rallied over the week, rebounding partially from the prior week’s significant declines, but posted the first down quarter in two and a half years. The S&P 500 and the Dow gained 2.4% for the week. Internationally, Europe rose 1.4% and Japan surged 4.1% for the week. The yield on the 10 Year Treasury ended the week at 2.74%, its lowest level of the month and down from 2.87% at the start of March. Article
Consumer spending rose a meager 0.2% in February as Americans saved more.
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