AllMarket Summary
logoArgusMarch 17, 2021

Market Digest: AMAT, JBL, MKC, IGT

Sector(s)
Technology, Consumer Defensive, Consumer Cyclical
Summary

The stock market has been wracked by rising interest rates, escalating inflation fears, and sharp selling among last year's winning stocks. And for all that, the S&P 500 closed on 3/12/21 with a 5.3% quarter-to-date gain. If that holds, the index in 2021 will more than double its average 2.1% first-quarter gain since 1980. 'If it holds' is a big if, given that stocks staged selloffs in the final weeks of both January and February.

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