March was a roller-coaster ride for the stock market. The market dropped early in the month following the collapse of three financial institutions (Silicon Valley Bank, Signature Bank and Credit Suisse) but gained in the second half after the government revealed measures to handle the crisis.
As a result, the S&P 500, Nasdaq and Dow Jones Industrial Average gained 3.51%, 6.69%, and 1.89%, respectively in March. Let’s take a look at the five best- and worst-performing mega-cap stocks in March 2023.
This post appeared at 24/7 Wall St.