Stock Market Today: S&P500 in record close amid best Q1 performance since 2009

Investing.com-- The Dow and S&P 500 closed at new record highs Thursday, notching its best first-quarter performance since 2009 as the rally broadened out beyond tech amid optimism on rate cuts and data signaling a soft landing for the economy remains within in reach.fell 0.2%. For Q1, the S&P 500 gained about 10%, its best first-quarter gain since 2019, while the Dow rose nearly 6% to notch its best performance since 2021.

While Waller said that the central bank will eventually cut interest rates this year, he added current resilience in the U.S. economy gave the Fed substantial headroom to keep rates higher for longer., when the market is shut for Good Friday, and is largely expected to factor into the outlook for U.S. interest rates.

The sentencing comes just as crypto rebounded from it recent malaise with BTC up 3.2% to $70,872 in recent trading.markets perform better under Democrat presidents. since 1945, the S&P 500 has averaged an annual gain of more than 11% during years when Democrats controlled the white house, as opposed to 6.9% average gain under republican presidents..We are so overdue for some selling. Couldn't help myself Picked up 100 TQQQ put contracts for next Friday late in the session.

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